$760,000
 $4,080 est/mo Sourced by Back At You

49/51 Bridge Street W,Greater Napanee (Greater Napanee, ON K7R2C4

Greater Napanee (Greater Napanee, ON K7R2C4

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Description

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:13843)

Details

MLS #X13807912
Listing TypeFor Sale
StatusActive
Days On Site33
Listing Provided ByRE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE | ALEXANDRA GRANT

Features

Bed(s)9
Bath(s) 7 Total
SQ Feet5,000
BasementY
Story(s)2
ZoningR4

Interior

CoolingNone
HeatingNatural gas
AppliancesRefrigerator, Stove, Water Heater
Fireplace Yes / NoNo

Exterior

Foundation DetailsStone, Slab

Parking

Parking FeaturesNo Garage
Parking Total8

Utilities

UtilitiesSewer, Electricity, Cable
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount6803.04

Area Information

ProvinceON
CityGreater Napanee (Greater Napanee
Postal CodeK7R2C4
Listing VS Median (in K7R2C4)
Price:
$760,000
low | high
Med:
$760,000
50% of Average
sqft:
5,000
low | high
Med:
5,000
50% of Average
$ / sqft:
$152
low | high
Med:
$152
50% of Average
On site:
33
low | high
Med:
33
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityGreater Napanee (Greater Napanee
Postal CodeK7R2C4
Listing VS Median (in K7R2C4)
Price:
$760,000
low | high
Med:
$760,000
50% of Average
sqft:
5,000
low | high
Med:
5,000
50% of Average
$ / sqft:
$152
low | high
Med:
$152
50% of Average
On site:
33
low | high
Med:
33
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 1:33:52 AM PDT