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$675,000
Available - For Sale
Listing ID: X13209878
A strong mixed use income property in the heart of Napanee's revitalized downtown. This well maintained asset includes residential, commercial, and storage income streams, all fully leased, with additional upside through storage leasing and long term area growth driven by the Gibbards District. Mixed use income property with 2 residential units, 1 commercial unit, and 2 storage units Current Gross Income: $61,647.00/year NOI: 7% Commercial Lease: Secured until August 2027 - New furnace and rubber membrane roof (2020) - All units fully leased - Gibbards District bringing major population and customer growth - Financials available upon request
Price $675,000
Taxes: $3,954
Tax Type: Annual
Occupancy by: Tenant
Address: 48 Dundas Street East , Greater Napanee, K7R 1H8, Lennox & Addingt
Postal Code: K7R 1H8
Province/State: Lennox & Addingt
Legal Description: PT LT 3 S/S DUNDAS ST PL 82 AS IN LA1213
Directions/Cross Streets: Dundas Street East (#48) between East Street and John Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 2,675.16
Total Area Code:  Square Feet
Office/Appartment Area: 1362
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Electric Forced Air
Central Air Conditioning: Partial
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ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

48 Dundas Street East , Greater Napanee, K7R 1H8, Lennox & Addingt

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Lennox & Addington
Municipality: Greater Napanee
Neighbourhood: 58 - Greater Napanee
Style:
Lot Size: x 132.00(Feet)
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Tax: $3,954
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949