191-193 Camden Road Greater Napanee, Ontario K7R 1E4
$774,900
This well-maintained five-unit building is the perfect addition to an investor's portfolio or as your first income property. Located on the corner of a quiet street in Napanee, close to the river and next to the Macpherson House and park. 4 of the 5 units were fully renovated before the latest tenants moved in, the 5th has a long term tenant. The property comprises three 2-bedroom units and two 1-bedroom units. Almost all windows have been updated, and the building features a good steel roof, 2 gas furnaces and new vinyl siding on the exterior. All the units are very spacious, the main floor has 9 and 10ft ceilings with some original character retained in the stairwells. The corner lot location offers ample parking and some green space for the great tenants. With a Net income of $54,649.71, this property yields a decent cap rate of just over 7%. (id:28469)
Property Details
| MLS® Number | X12688440 |
| Property Type | Multi-family |
| Community Name | 58 - Greater Napanee |
| Amenities Near By | Park, Schools |
| Equipment Type | Water Heater - Gas, Water Heater |
| Features | Level Lot, Level |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
| Structure | Deck, Porch |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Age | 100+ Years |
| Appliances | Stove, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Steel, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Park, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 111 Ft ,8 In |
| Size Frontage | 105 Ft ,3 In |
| Size Irregular | 105.3 X 111.7 Ft |
| Size Total Text | 105.3 X 111.7 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.27 m | 3.35 m | 3.27 m x 3.35 m |
| Second Level | Kitchen | 3.26 m | 3.45 m | 3.26 m x 3.45 m |
| Second Level | Living Room | 3.91 m | 3.44 m | 3.91 m x 3.44 m |
| Second Level | Bedroom | 2.58 m | 2.68 m | 2.58 m x 2.68 m |
| Second Level | Kitchen | 3.88 m | 2.55 m | 3.88 m x 2.55 m |
| Second Level | Living Room | 3.92 m | 2.46 m | 3.92 m x 2.46 m |
| Second Level | Bedroom | 2.68 m | 2.8 m | 2.68 m x 2.8 m |
| Second Level | Bedroom | 4.99 m | 3.3 m | 4.99 m x 3.3 m |
| Second Level | Kitchen | 3.22 m | 3.39 m | 3.22 m x 3.39 m |
| Second Level | Living Room | 3.88 m | 3.39 m | 3.88 m x 3.39 m |
| Main Level | Bedroom | 3.92 m | 2.34 m | 3.92 m x 2.34 m |
| Main Level | Bedroom | 3.77 m | 2.34 m | 3.77 m x 2.34 m |
| Main Level | Kitchen | 3.96 m | 5.61 m | 3.96 m x 5.61 m |
| Main Level | Living Room | 4.97 m | 3.89 m | 4.97 m x 3.89 m |
| Main Level | Primary Bedroom | 3.62 m | 3.65 m | 3.62 m x 3.65 m |
| Main Level | Bedroom | 3.63 m | 3.56 m | 3.63 m x 3.56 m |
| Main Level | Kitchen | 4.07 m | 5.64 m | 4.07 m x 5.64 m |
| Main Level | Living Room | 4.99 m | 3.82 m | 4.99 m x 3.82 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
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January 12 2026 08:51:01
Kingston & Area Real Estate Association
Royal LePage Proalliance Realty, Brokerage