Discover a fully tenanted 5-unit legal non-conforming apartment building offering a robust gross income of $90,780 per year and an impressive 8.7% cap rate. This property has seen significant upgrades, including a newer well and septic system, along with cosmetic enhancements to select units, ensuring minimal maintenance and tenant satisfaction. Ideally situated just 10 minutes north of Highway 401 in the charming village of Roblin, this investment gem offers a serene rural setting with easy access to urban centers. Centrally located, its just 2 hours from both Toronto and Ottawa. Don't miss your chance to own this income-generating property perfect for seasoned investors or those looking to expand their portfolio. **EXTRAS** Please review all documents attached. (id:4069)
Address
3244 COUNTY 41 ROAD
List Price
$799,900
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Greater Napanee
Bathrooms
5
Lot Size
Bldg=72.18 x 139.86 FT Sq. Ft.
MLS® Number
X12120630
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
Postal Code
K0K2W0
Zoning
HR-2 (Hamlet Residential - Exception2)
Features
Irregular lot size
