3244 COUNTY 41 ROAD, Greater Napanee (Greater Napanee)
· 5 BATHS
$598,000
Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91,380/year with a 10.685% cap rate. Separately metered for hydro with electric baseboard heating and heat pumps as heating sources. Recent upgrades include a newer well producing over 5 PLUS GPM (no trickle system required) and a 10,000-gallon holding tank with approx. $3,550/year in pump-out costs. Select units have seen cosmetic improvements, ensuring tenant satisfaction and reduced maintenance. Located just 10 minutes north of Hwy 401 in the quiet village of Roblin, this low-maintenance rural property offers excellent access to urban centres and is just 2 hours from Toronto or Ottawa. A solid opportunity for investors seeking stable cash flow. Detailed expense sheet available upon request.
General Info
| MLS Listing ID: X14122812 | Bedrooms: 0 | Bathrooms: 5 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: N/A | Roof: N/A | Title To Land: N/A | Parking Space Total: 5 |
| Parking: N/A | Heating: Baseboard heaters | Size: N/A | Air Conditioning : Partially air conditioned |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: N/A |
| Water Supply: Drilled Well | Road Type: N/A | Pool Type: N/A |
Amenities/Features
- Irregular lot size







































