Greater Napanee (Greater Napanee) ON, K7R 1E4
Property Information:
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%. (id:7525)
Building Features:
- Style: Multiplex
- Building Type: Other
- Basement Development: Unfinished
- Basement Type: Full
- Exterior Finish: Steel, Vinyl siding
- Fire Protection: Smoke Detectors
- Floor Space: 3500 - 5000 sqft
- Foundation Type: Stone
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Cooling Type: None
- Appliances: Stove, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 8
- Bathrooms: 5
- Amenities Nearby: Park, Schools
- Features: Level lot, Level
- Floor Space (approx): 3500 - 5000 Square Feet
- Irregular: Yes
- Lot Depth: 111.7 Feet
- Lot Frontage: 105.2 Feet
- Lot Size: 105.3 x 111.7 FT
- Structure Type: Deck, Porch
- Utility Type: Sewer - Installed, Cable - Available, Hydro - Installed
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 5
Rooms:
- Bedroom 2nd Level 3.27 m x 3.35 m 10.73 ft x 10.99 ft
- Kitchen 2nd Level 3.26 m x 3.45 m 10.70 ft x 11.32 ft
- Living 2nd Level 3.91 m x 3.44 m 12.83 ft x 11.29 ft
- Bedroom 2nd Level 2.58 m x 2.68 m 8.46 ft x 8.79 ft
- Kitchen 2nd Level 3.88 m x 2.55 m 12.73 ft x 8.37 ft
- Living 2nd Level 3.92 m x 2.46 m 12.86 ft x 8.07 ft
- Bedroom 2nd Level 2.68 m x 2.80 m 8.79 ft x 9.19 ft
- Bedroom 2nd Level 4.99 m x 3.30 m 16.37 ft x 10.83 ft
- Kitchen 2nd Level 3.22 m x 3.39 m 10.56 ft x 11.12 ft
- Living 2nd Level 3.88 m x 3.39 m 12.73 ft x 11.12 ft
- Bedroom Main Level 3.92 m x 2.34 m 12.86 ft x 7.68 ft
- Bedroom Main Level 3.77 m x 2.34 m 12.37 ft x 7.68 ft
- Kitchen Main Level 3.96 m x 5.61 m 12.99 ft x 18.41 ft
- Living Main Level 4.97 m x 3.89 m 16.31 ft x 12.76 ft
- Primary Bedroom Main Level 3.62 m x 3.65 m 11.88 ft x 11.98 ft
- Bedroom Main Level 3.63 m x 3.56 m 11.91 ft x 11.68 ft
- Kitchen Main Level 4.07 m x 5.64 m 13.35 ft x 18.50 ft
- Living Main Level 4.99 m x 3.82 m 16.37 ft x 12.53 ft
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⚠ Potential Investment Performance
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Location of 191-193 CAMDEN ROAD, Greater Napanee (Greater Napanee), Ontario, K7R 1E4
Demographic Information of 191-193 CAMDEN ROAD, Greater Napanee (Greater Napanee), Ontario, K7R 1E4
Life Stage
Later YearsEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$92,246.66Average Number of Children
1.69Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
22.04 %High school certificate or equivalent
34.93 %Apprenticeship trade certificate/diploma
6.35 %College/non-university certificate
25.91 %University certificate (below bachelor)
3.55 %University Degree
7.21 %Commuter
Travel To Work
By Car
94.96 %By Public Transit
0.0 %By Walking
1.12 %By Bicycle
0.0 %By Other Methods
3.92 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
13.76 %Houses
86.24 %Own Vs. Rent
191-193 CAMDEN ROAD, Greater Napanee (Greater Napanee), Ontario, K7R 1E4
