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$699,900
Available - For Sale
Listing ID: X12715974
A strong mixed use income property in the heart of Napanee's revitalized downtown. This well maintained asset includes residential, commercial, and storage income streams, all fully leased, with additional upside through storage leasing and long term area growth driven by the Gibbards District. Mixed use income property with 2 residential units, 1 commercial unit, and 2 storage units. Current Gross Income: $61,647.00/year. Additional income includes one storage unit at $100/month and a second with for $500/month. With an NOI of $48,193 this property delivers strong returns in a growing market. Commercial Lease: Secured until August 2027. New furnace and rubber membrane roof (2020). All units fully leased. Gibbards District bringing major population and customer growth. Financials available upon request
Price $699,900
Taxes: $3,954
Tax Type: Annual
Occupancy by: Tenant
Address: 48 Dundas Street East , Greater Napanee, K7R 1H8, Lennox & Addingt
Postal Code: K7R 1H8
Province/State: Lennox & Addingt
Legal Description: PT LT 3 S/S DUNDAS ST PL 82 AS IN LA1213
Directions/Cross Streets: Dundas Street East (#48) between East Street and John Street
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 2,675.16
Total Area Code:  Square Feet
Office/Appartment Area: 1362
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Maintenance: 0
Net Income Before Debt: $55647
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Electric Forced Air
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

48 Dundas Street East , Greater Napanee, K7R 1H8, Lennox & Addingt

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Maria Tompson
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At a Glance:
Type: Com - Store W Apt/Office
Area: Lennox & Addington
Municipality: Greater Napanee
Neighbourhood: 58 - Greater Napanee
Style:
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $3,954
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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