49/51 BRIDGE STREET W, Greater Napanee (Greater Napanee)
9 BEDS · 7 BATHS · 5000 - 100000 sqft
$760,000
Unique seven (7) unit multiplex located within walking distance of downtown Napanee amenities. This income-producing property is attached but separately deeded, with all information provided in this listing representing the combined details of both parcels. 49 Bridge St W consists of 3 units, while 51 Bridge St W consists of 4 units. All seven units are currently tenant-occupied with long-standing tenants. Rental amounts reflect the most recent rental increases, and there are no separate meters; all rents are inclusive. Based on full occupancy, the property generates approximately $105,744 in gross annual income, with an estimated net operating income of $58,729/year and an approximate 7.73% cap rate based on the $760,000 asking price. The property features hot water boiler heating (2012), metal roofing on one portion (2018), a new asphalt shingle roof (2026), and vinyl siding (2021). R4 zoning; permitted uses and zoning information are available upon request. 48 hours' notice is required for all showings. Income and expense sheet and a recent building inspection are available upon request.
General Info
| MLS Listing ID: X13807912 | Bedrooms: 9 | Bathrooms: 7 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Slab, Stone | Roof: N/A | Title To Land: N/A | Parking Space Total: 8 |
| Parking: No Garage | Heating: N/A | Size: 5000 - 100000 sqft | Air Conditioning : None |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Full (Unfinished) |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |


























