469 Palace Road Greater Napanee, Ontario K7R 1A5

1 Acres
Fully Air Conditioned Other

$2,789,000

Fully tenanted 12-unit apartment seniors building located along the Napanee River, just a short walk to downtown Napanee, Napanee Falls, and the waterfront trail. The property features all 2-bedroom units(all similar to the 12 units), with 7 of them updated. Recent upgrades include a steel roof (2016), hardwired fire alarm system (2019), vinyl windows throughout, steel balcony doors with storm doors, exterior LED lighting, and gas water heater. Situated on a spacious lot, the property offers outdoor space for tenants and direct access to the scenic Napanee River. Rental Income Annual of $167489.44!!!! (id:37841)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12129269
Property Type Multi-family
Community Name 58 - Greater Napanee

Building

Appliances Dryer, Microwave, Stove, Water Heater, Washer, Refrigerator
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 1 Acres
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 120 Ft
Size Frontage 174 Ft ,10 In
Size Irregular Bldg=174.91 X 120 Ft
Size Total Text Bldg=174.91 X 120 Ft
Zoning Description R6-3

https://www.realtor.ca/real-estate/28271129/469-palace-road-greater-napanee-greater-napanee-58-greater-napanee

Contact Us

Contact us for more information

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Siva Sivanesan
Salesperson

(905) 723-5944

Keller Williams Energy Real Estate, Brokerage
285 Taunton Rd E Unit 1a
Oshawa, Ontario L1G 3V2

(905) 723-5944

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