Size
-
Lot size
-
Street frontage
-
Possession
Flexible
Price per sqft
$155 - $221
Taxes
$4,540.59 (2025)
Parking Type
-
Style
2-Storey
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Description
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%.
Broker: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
MLS®#: X12688440
Property details
Parking:
5
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
3500-5000 sqft
Lot front:
105 Ft
Lot depth:
111 Ft
Listed on:
Jan 12, 2026
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Bedroom | 11.9 x 11.7 ft | |
Second | Living Room | 12.7 x 11.1 ft | |
Main | Primary Bedroom | 11.9 x 12.0 ft |
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