A strong mixed use income property in the heart of Napanee's revitalized downtown. This well maintained asset includes residential, commercial, and storage income streams, all fully leased, with additional upside through storage leasing and long term area growth driven by the Gibbards District. Mixed use income property with 2 residential units, 1 commercial unit, and 2 storage units Current Gross Income: $61,647.00/year NOI: 7% Commercial Lease: Secured until August 2027 - New furnace and rubber membrane roof (2020) - All units fully leased - Gibbards District bringing major population and customer growth - Financials available upon request (id:28469)
Facts & features
Property
MLS® Number
X13209878
Property Type
Retail
Community Name
58 - Greater Napanee
Equipment Type
Water Heater
Features
Irregular Lot Size
Parking Space Total
2
Rental Equipment Type
Water Heater
Building
Bathroom Total
4
Appliances
Dryer, Washer
Cooling Type
Partially Air Conditioned
Heating Type
Forced Air
Size Exterior
2675.16 Sqft
Size Interior
2,675 Sqft
Type
Residential Commercial Mix
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
132 Ft
Size Frontage
20 Ft
Size Irregular
0.063
Size Total
0.063 Ac
Size Total Text
0.063 Ac
Zoning Description
C3
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Location
48 Dundas Street E, Greater Napanee, Ontario K7R 1H8 ·
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