469 Palace Road Greater Napanee (Greater Napanee), Ontario K7R 1A5
$2,789,000
Fully tenanted 12-unit apartment seniors building located along the Napanee River, just a short walk to downtown Napanee, Napanee Falls, and the waterfront trail. The property features all 2-bedroom units(all similar to the 12 units), with 7 of them updated. Recent upgrades include a steel roof (2016), hardwired fire alarm system (2019), vinyl windows throughout, steel balcony doors with storm doors, exterior LED lighting, and gas water heater. Situated on a spacious lot, the property offers outdoor space for tenants and direct access to the scenic Napanee River. Rental Income Annual of $167489.44!!!! (id:49187)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12129269 |
| Property Type | Multi-family |
| Neigbourhood | Clarkville |
| Community Name | 58 - Greater Napanee |
Building
| Appliances | Dryer, Microwave, Stove, Water Heater, Washer, Refrigerator |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 1 Ac |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 120 Ft |
| Size Frontage | 174 Ft ,10 In |
| Size Irregular | Bldg=174.91 X 120 Ft |
| Size Total Text | Bldg=174.91 X 120 Ft |
| Zoning Description | R6-3 |
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May 07 2025 02:50:52
Durham Region Association of REALTORS®
Keller Williams Energy Real Estate