416-443-0300
[email protected]
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About
Sale
95 days on website
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$829,900
Apartment
70 Dundas St W
Greater Napanee, K7R 1Z8
No obligation, free tour cancelation.
Beds · 9+2
Baths · 7
Sqft · 3500-5000
Description
This legal non-conforming 7 plex has mostly long-term tenants that are above the age of 55+. There are no outstanding issues with any of the tenants. They are month-to-month contracts. There are approximately 7 parking spots available & a storage shed. The building is 100+ years of age. Updates incl...ude some newer windows(more on order), 2 units lightly renovated, drywall repairs, and roofing, and newer structural beams(2022). The building produces approximately net $53,000/yr and $74,000 gross/yr. All tenants are on month-to-month leases and all but one unit pay hydro in addition to their rent. This location is prime and within walking distance to waterfront trails, shopping, dining, spas, library, churches, and much more. This building is being offered for sale for the first time since 1998. Floor plans for each unit, building inspection, and additional information are available upon request.
General
Type
Apartment
Style
2-Storey
Approximate Age
100+
Square Footage
3500-5000 sqft
Taxes
$8,376 /yr
Maintenance Fee
-
Est. mortgage
$3,148/mo
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Joe DiVita
Sale Representative
Email: [email protected]
Phone: 416-991-1358
Courtesy of:
RE/MAX HALLMARK FIRST GROUP REALTY LTD.