Greater Napanee, ON K7R 1E4,191-193 Camden RD
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Greater Napanee, ON K7R 1E4,191-193 Camden RD
Greater Napanee, ON K7R 1E4,191-193 Camden RD
Greater Napanee, ON K7R 1E4,191-193 Camden RD
Greater Napanee, ON K7R 1E4,191-193 Camden RD
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191-193 Camden RD Greater Napanee, ON K7R 1E4

8 Beds

5 Baths


UPDATED:

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

Area Lennox & Addington

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 5

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck, Porch Enclosed, Year Round Living

Parking Features Private Triple

Pool None

Waterfront Description None

Roof Type Metal

Topography Level

Lot Frontage 105.28

Lot Depth 111.69

Total Parking Spaces 5

Building

Building Age 100+

Unit Features Level,Park,School

Foundation Stone

Others

Security Features Smoke Detector

ParcelsYN No


Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Raymond Hau

Raymond Hau

Team Leader

+1(416) 201-2001

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191-193 Camden RD