This well-maintained five-unit building is the perfect addition to an investor's portfolio or as your first income property. Located on the corner of a quiet street in Napanee, close to the river and next to the Macpherson House and park. 4 of the 5 units were fully renovated before the latest tenants moved in, the 5th has a long term tenant. The property comprises three 2-bedroom units and two 1-bedroom units. Almost all windows have been updated, and the building features a good steel roof, 2 gas furnaces and new vinyl siding on the exterior. All the units are very spacious, the main floor has 9 and 10ft ceilings with some original character retained in the stairwells. The corner lot location offers ample parking and some green space for the great tenants. With a Net income of $54,649.71, this property yields a decent cap rate of just over 7%.
City: Greater Napanee
Located at 191-193 Camden Road , this Greater Napanee house was listed for $774,900. It has 8 bedrooms and 5 bathrooms. The property's amenities include Level, Park, School. The property includes the following rooms: . This property comes with 5 parking spots.
MLS#: undefined · $774,900 · 8 bedroom house in Greater Napanee