70 Dundas Street W Napanee, Ontario K7R 1Z8
$829,900
This legal non-conforming 7 plex has mostly long-term tenants that are above the age of 55+. There are no outstanding issues with any of the tenants. They are month-to-month contracts. There are approximately 7 parking spots available & a storage shed. The building is 100+ years of age. Updates include some newer windows(more on order), 2 units lightly renovated, drywall repairs, and roofing, and newer structural beams(2022). The building produces approximately net $53,000/yr and $74,000 gross/yr. All tenants are on month-to-month leases and all but one unit pay hydro in addition to their rent. This location is prime and within walking distance to waterfront trails, shopping, dining, spas, library, churches, and much more. This building is being offered for sale for the first time since 1998. Floor plans for each unit, building inspection, and additional information are available upon request. (id:51737)
Property Details
| MLS® Number | 40434740 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Features | Golf Course/parkland, Crushed Stone Driveway |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater |
| Structure | Shed, Porch |
Building
| Bathroom Total | 7 |
| Bedrooms Total | 11 |
| Appliances | Water Meter |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Size Interior | 4864 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Rail Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 81 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R4 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25772671/70-dundas-street-w-napanee
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July 26 2023 03:33:01
Kingston & Area Real Estate Association
RE/MAX Hallmark First Group Realty Ltd. Brokerage