7
See all 7 photos
$774,900
Est. payment /mo
8 Beds
5 Baths
New
191-193 Camden RD Greater Napanee, ON K7R 1E4
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 58 - Greater Napanee
MLS Listing ID X12688440
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,540
Tax Year 2025
Property Sub-Type Multiplex
Property Description
This well-maintained five-unit building is the perfect addition to an investor's portfolio or as your first income property. Located on the corner of a quiet street in Napanee, close to the river and next to the Macpherson House and park. 4 of the 5 units were fully renovated before the latest tenants moved in, the 5th has a long term tenant. The property comprises three 2-bedroom units and two 1-bedroom units. Almost all windows have been updated, and the building features a good steel roof, 2 gas furnaces and new vinyl siding on the exterior. All the units are very spacious, the main floor has 9 and 10ft ceilings with some original character retained in the stairwells. The corner lot location offers ample parking and some green space for the great tenants. With a Net income of $54,649.71, this property yields a decent cap rate of just over 7%.
Location
Province ON
County Lennox & Addington
Community 58 - Greater Napanee
Area Lennox & Addington
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 5
Interior
Interior Features None
Cooling None
Inclusions 5 Fridges, 5 Stoves
Exterior
Exterior Feature Deck, Porch Enclosed, Year Round Living
Parking Features Private Triple
Pool None
Roof Type Metal
Lot Frontage 105.28
Lot Depth 111.69
Total Parking Spaces 5
Building
Building Age 100+
Foundation Stone
Others
Senior Community No
Security Features Smoke Detector
ParcelsYN No
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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