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Welcome to 49/51 Bridge St W Napanee, located within walking distance of Napanee's downtown core, this property offers 7 units. 4-1 Bedroom Units, 2 Bachelor, 1-2 bedroom and 1-3 bedroom. Fully tenanted and owned by the same owner for 30 years. The last rental increase was in 2020. The last fire inspection was in 2019. No separate metres all-inclusive rents. Metal Roof Installed in 2018, HWT Boiler Furnace (2012), Newer Vinyl Siding (2021). R4 Zoning (permitted uses & description available upon request). The building is managed by the owner, not a property management company. Gross Rent is $73,020. Expenses are $27,803. Net Income $45,277. Estimated 5% cap rate. 48 hrs notice is required for all showing requests. (id:24093)
Listed by Alexandra Grant of Re/Max Hallmark First Group Realty Ltd.,Brokerage

Property Details of 49 Bridge Street West

Property Details

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"Based on information submitted to CREA as of October 27, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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