3244 County 41 Rd

For Sale 137 Days
$799,900 $61K
$739,000
beds
5 baths

3244 County 41 Rd

For Sale 137 Days
$799,900 $61K
$739,000
beds
5 baths

Highlights

Key insights

Description

Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91,380/year with a 10+% 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. (id:63267)

ALEXANDRA GRANT of RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE,
#X12120630
updated 6 days ago.
Houseful checked MLS® for data 6 days ago.

Home overview

Amenities / Utilities
  • Cooling
    Partially air conditioned
  • Heat type
    Baseboard heaters
  • Sewer/ septic
    Septic system
Exterior
  • # parking spaces
    5
Interior
  • # full baths
    5
  • # total bathrooms
    5.0
Location
  • Subdivision
    58 - greater napanee
Lot/ Land Details
  • Lot dimensions
    0.355
Overview
  • Lot size (acres)
    0.36
  • Listing #
    X12120630
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28251949/3244-county-41-road-greater-napanee-greater-napanee-58-greater-napanee
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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