$389,900
Available - For Sale
Listing ID: X11942177
133/135 John St , Greater Napanee, K7R 1R1, Ontario
| Prime investment opportunity in the heart of historic downtown Napanee! This fully tenanted, mixed-use building offers two residential units and a commercial storefront, generating a total annual rental income of $37,416. Recent upgrades include electrical panel updates (Fall 2024) and the installation of new 3 separate hydro meters. The residential units are fully rented, with one tenant paying utilities and the others enjoying all-inclusive arrangements. The commercial storefront provides excellent potential, with permitted uses available upon request. Located in the quaint Town Square, the property is surrounded by charming boutiques, restaurants, and the allure of small-town living. With annual expenses of $14,100.48 and a CAP rate of 5.98%, this is an ideal investment for those seeking steady cash flow in a prime location. Don't miss this opportunity to own a versatile property in one of Napanees most desirable areas. All Showing requests must be made 48 hrs in advance. |
| Price | $389,900 |
| Taxes: | $4843.94 |
| Tax Type: | Annual |
| Assessment: | $206000 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 133/135 John St , Greater Napanee, K7R 1R1, Ontario |
| Postal Code: | K7R 1R1 |
| Province/State: | Ontario |
| Lot Size: | 32.61 x 168.94 (Feet) |
| Directions/Cross Streets: | Dundas St W, South on John Street |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | Y |
| Total Area: | 3950.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 40 |
| Retail Area Code: | % |
| Approximatly Age: | 100+ |
| Financial Statement: | Y |
| Chattels: | Y |
| Taxes Expense: | $4844 |
| Insurance Expense: | $2982 |
| Hydro Expense: | $4576 |
| Water Expense: | $1699 |
| Vacancy Allowance: | 0 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | N |
| Washrooms: | 4 |
| Outside Storage: | N |
| Rail: | N |
| Crane: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | N |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE |
|
|
Nick Sabouri
Sales Representative
Dir:
416-735-0345
Bus:
416-494-7653
Fax:
416-494-0016
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Lennox & Addington |
| Municipality: | Greater Napanee |
| Neighbourhood: | Greater Napanee |
| Lot Size: | 32.61 x 168.94(Feet) |
| Approximate Age: | 100+ |
| Tax: | $4,843.94 |
| Baths: | 4 |
Locatin Map:
Payment Calculator:
