Randy Beck - at your Beck and call
randy@randybeck.ca
613.541.9221
him
MLS®: 40620551 Status: For sale

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RE/MAX Finest Realty, Brokerage - Kingston

Randy Beck
Sales Representative

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Telephone:
613.389.7777

Cellular:
613.541.9221


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$785,000
Location:

70 DUNDAS Street W, Napanee Ontario, K7R1Z8

70 DUNDAS Street W, Napanee Ontario
Description:
Discover a unique investment opportunity with this well-maintained legal non-conforming 7-plex, boasting a history of steady occupancy and satisfied residents. Currently, all tenants are aged 55+, fostering a peaceful and mature community. Each unit is rented on a month-to-month basis. This property has return on investment with a projected rental income of $80,388 per year and current expenses of $23,033.54 (2023). Conveniently, it offers seven parking spots and an outbuilding for additional storage, catering to tenant needs. Two units are intentionally kept vacant, offering immediate potential for new tenants or renovation. Owned by the same individual since 1998, the building has been meticulously cared for and upgraded over the years. Detailed floor plans, a comprehensive list of upgrades, and a breakdown of expenses and rents are available upon request. Don't miss out on this rare opportunity to own a multi-family property in a desirable location. (id:2471)
Property:
Type: Multi-family
Acreage: under 1/2 acre
Sewer: Municipal sewage systemWater: Municipal water
Access: Road access
Structures: Shed, Porch
Structure:
Square Footage: 4864 sqft
Bedrooms: 11Bathrooms: 7
Heating: Baseboard heaters, Forced air
Heating Type: Natural gas
Cooling Type: None
Exterior: Brick, Vinyl siding
Foundation Type: Stone
Features:
Crushed stone driveway Community Centre   
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70 DUNDAS Street W, Napanee Ontario

Listing Office: Re/Max Hallmark First Group Realty Ltd. Brokerage

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**Broker *Sales Representative
Finest Realty Inc, Brokerage, 1329 Gardiners Road, Kingston ON, K7P 0L8
Independently Owned And Operated