49/51 BRIDGE STREET W,Greater Napanee (Greater Napanee),Ontario,K7R2C4
For sale
$760,000
49/51 BRIDGE STREET W,Greater Napanee (Greater Napanee),Ontario,K7R2C4
Unique seven (7) unit multiplex located within walking distance of downtown Napanee amenities. This income-producing property is attached but separately deeded, with all information provided in this listing representing the combined details of both parcels. 49 Bridge St W consists of 3 units, while 51 Bridge St W consists of 4 units. Six units are currently tenant-occupied with long-standing tenants. Rental amounts reflect the most recent rental increases, and there are no separate meters; all rents are inclusive. Based on full occupancy, the property generates approximately $105,744 in gross annual income, with an estimated net operating income of $58,729/year and an approximate 7.73% cap rate based on the $760,000 asking price. The property features hot water boiler heating (2012), metal roofing on one portion (2018), a new asphalt shingle roof (2026), and vinyl siding (2021). R4 zoning; permitted uses and zoning information are available upon request. 48 hours' notice required for all showings. Income and expense sheet and a recent building inspection are available upon request. (id:63658)
PROPERTY SUMMARY
| MLS® # | : | X13807912 |
| Listing price | : | $760,000 |
| Listed on | : | 27-09-2026 |
| Property subtype | : | For sale |
| Square footage | : | 5000 sqft |
| Year built | : | 0000 |
| Listing office | : | RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE |
BEDROOM & BATHROOM
| Total bedrooms | : | 9 Bedrooms |
| Total bathrooms | : | 7 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : | No Garage |
Community location
Neighbourhood Highlights
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Golf Nearby
Hospital
Park
Place of Worship
Schools