469 Palace Road

FOR SALE
$2,789,000
469 Palace Road, Greater Napanee
469 Palace Road
469 Palace Road
469 Palace Road
469 Palace Road
469 Palace Road
469 Palace Road
469 Palace Road
469 Palace Road
469 Palace Road
469 Palace Road
Investment
CATEGORY
174.91 x 120
LOT SIZE
X12129269
MLSID
Contact Us
Property Description
Fully tenanted 12-unit apartment seniors building located along the Napanee River, just a short walk to downtown Napanee, Napanee Falls, and the waterfront trail. The property features all 2-bedroom units(all similar to the 12 units), with 7 of them updated. Recent upgrades include a steel roof (2016), hardwired fire alarm system (2019), vinyl windows throughout, steel balcony doors with storm doors, exterior LED lighting, and gas water heater. Situated on a spacious lot, the property offers outdoor space for tenants and direct access to the scenic Napanee River. Rental Income Annual of $167489.44!!!!
Property Details
Address
469 Palace Road
Postal Code
K7R 1A5
Property Type
Investment, Investment
Days On Market
71
Use
Apartment
Zoning
R6-3
Lot Size
175' x 120'
Acreage
1.4 Feet
Taxes
$18,828 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Keller Williams Energy Real Estate, Brokerage
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
118540434