$ 760,000
-
$760,000
Price -
9
Bed -
7
Bath -
5,000
SqFt -
0.26
Acre
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About the Listing 072308 -
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. Six 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 required for all showings. Income and expense sheet and a recent building inspection are available upon request.
Listing Highlights for 49 /51 Bridge St W
Interior Details
- Bedrooms: 9
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Basement: Full,Unfinished
- Other: Water Heater Owned,7 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Metal,Shingles
- Others: Golf,Hospital,Park,Place Of Worship,Rec./Commun.Centre,School
- Sewer: Sewer
- Parking Features: Private,No Garage
Financial Details
- Tax Amount: $6,803
- Taxes w/Assessments: N/A
- Tax/Property ID: 450940080
- Tax Year: 2026
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Monthly Payment
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Listing Location
Questions About..
49 /51 Bridge St W Greater Napanee, ON K7R 2C4
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