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3244 County 41 Road, Greater Napanee, ON K0K 2W0

Greater Napanee, ON, K0K 2W0 · 58 - Greater Napanee

5 Baths
Sq Ft
5 Parking
Investment Type
X13042640 MLS#

About this property

Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91,380/year with a 10.685% cap rate. Separately metered for hydro with electric baseboard heating and heat pumps as heating sources. Recent upgrades include a newer well producing over 5 PLUS GPM (no trickle system required) and a 10,000-gallon holding tank with approx. $3,550/year in pump-out costs. Select units have seen cosmetic improvements, ensuring tenant satisfaction and reduced maintenance. Located just 10 minutes north of Hwy 401 in the quiet village of Roblin, this low-maintenance rural property offers excellent access to urban centres and is just 2 hours from Toronto or Ottawa. A solid opportunity for investors seeking stable cash flow. Detailed expense sheet available upon request.

Features & Amenities

  • Garage: None
  • Cooling: Partial
  • Heat Type: Baseboard
  • Sewer: Septic

Property Details

Property Type Commercial
Property Sub-Type Investment
Bathrooms 5
Garage None
Parking Spaces 5
Heat Type Baseboard
Cooling Partial
Sewer Septic
Annual Tax $4,121
Tax Year 2025

Building & Construction

Approximate Age
100+
Building Area Total
0.355

Heating & Cooling

Heat Type
Baseboard
Cooling
Partial

Parking & Garage

Garage Type
None
Parking Spaces
5

Lot & Land

Lot Size Units
Feet
Lot Depth
139.86
Lot Width
72.18

Financial & Tax

Tax Annual Amount
$4,121
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Septic
Water Source
Drilled Well
Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Lennox & Addington
Cross Street
Located on the Corner of Roblin Rd & County Road 41 in the Village of Roblin
Directions
Located on the Corner of Roblin Rd & County Road 41 in the Village of Roblin
Showing Requirements
Showing System

Location

3244 County 41 Road, Greater Napanee, ON K0K 2W0, Greater Napanee, ON, K0K 2W0

Listing courtesy of RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
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