157-159 Centre Street
58 - Greater Napanee, Greater Napanee, K7R 1N6
FOR SALE
$425,000
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BEDROOMS2
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Property Description
Duplex for Sale Downtown Napanee! Looking for a great investment or a place to live while earning rental income? This duplex is in a fantastic location, within walking distance to Napanee District Secondary, two public schools, waterfront trail and the downtown core! The property features a 1-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit, each with its own storage shed. There's also a shared coin laundry building and a private backyard that tenants can enjoy for outdoor and seasonal living. The 1-bedroom unit has cozy in-floor heat, and the 2-bedroom unit is heated by radiators - both are fired by hot water gas. A solid investment with long-term potential - easy to rent and close to everything Napanee has to offer!
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Property Features
Hospital, Water Heater Owned, Other
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Property Details
Address
157-159 Centre Street
Community
City
Postal Code
K7R 1N6
Property Type
Duplex, Duplex
Zoning
R2
Lot Size
29' x 165'
Acreage
0.1 Feet
Taxes
$2,424 (2025
Basement
Partial Basement
Exterior
Porch
Heat Type
Other
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Wagar And Myatt Ltd., Brokerage
Welcome to 186 Thomas St in Napanee, a charming income-generating duplex perfect for investors or those looking to reduce their mortgage with rental income. This well-maintained property features two separate units, each offering privacy and convenience to tenants. The back unit, currently rented at $1,440 per month (all-inclusive), provides a hassle-free living experience with hydro and gas covered by the owner. The front unit, rented at $1,197 per month (plus gas and hydro), gives tenants flexibility with their utility costs, making it an attractive option for renters. Key utilities such as water(averaging $340 every two months) and house insurance ($120) are owner-paid, keeping expenses manageable. Both units have their own entrances, and the shared yard provides a cozy outdoor space for relaxation. Located on a quiet street close to schools, parks, and local amenities, 186 Thomas St offers both comfort and convenience. This solid investment opportunity is ready for you schedule a viewing today and explore the potential of this fantastic duplex property!
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