$829,900
Apartment
70 DUNDAS Street W
Napanee, K7R1Z8
No obligation, free tour cancelation.
Beds · 11
Baths · 7.0
Sqft · 4864.0000
Description
This legal non-conforming 7 plex has mostly long-term tenants that are above the age of 55+. There are no outstanding issues with any of the tenants. They are month-to-month contracts. There are approximately 7 parking spots available & a storage shed. The building is 100+ years of age. Updates incl...ude some newer windows(more on order), 2 units lightly renovated, drywall repairs, and roofing, and newer structural beams(2022). The building produces approximately net $53,000/yr and $74,000 gross/yr. All tenants are on month-to-month leases and all but one unit pay hydro in addition to their rent. This location is prime and within walking distance to waterfront trails, shopping, dining, spas, library, churches, and much more. This building is being offered for sale for the first time since 1998. Floor plans for each unit, building inspection, and additional information are available upon request. (id:10452)
General
Type
Apartment
Style
-
Year Built
-
Square Footage
4864.0000 sqft
Taxes
-
Maintenance Fee
-
Listing courtesy of:
Re/Max Hallmark First Group Realty Ltd. Brokerage
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.