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469 Palace Road Image 1

$2,789,000

1 day agoInvestment For Sale
bedroomsbed
washrooms0bath
MLS - #X12129269

469 Palace Road, Greater Napanee, ON K7R 1A5

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Average Price
278900000.0%
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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 469 Palace Road

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!!!!

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Building size

1.3

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Listed by KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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