48 Dundas Street E Greater Napanee, Ontario K7R 1H8

4 Bathroom 2,675 ft2
Partially Air Conditioned Forced Air

$699,900

A strong mixed use income property in the heart of Napanee's revitalized downtown. This well maintained asset includes residential, commercial, and storage income streams, all fully leased, with additional upside through storage leasing and long term area growth driven by the Gibbards District. Mixed use income property with 2 residential units, 1 commercial unit, and 2 storage units. Current Gross Income: $55,647/year. Income Upside: $61,047/year with 900 sq. ft. storage leased. NOI: $42,193 (or $47,593 with storage leased). Commercial Lease: Secured until August 2027. New furnace and rubber membrane roof (2020). All units fully leased. Gibbards District bringing major population and customer growth. Financials available upon request (id:49203)

Property Details

MLS® Number X12715974
Property Type Retail
Community Name 58 - Greater Napanee
Equipment Type Water Heater
Features Irregular Lot Size
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Appliances Dryer, Washer
Cooling Type Partially Air Conditioned
Heating Fuel Electric
Heating Type Forced Air
Size Exterior 2675.16 Sqft
Size Interior 2,675 Ft2
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Size Depth 132 Ft
Size Frontage 20 Ft
Size Irregular 0.063
Size Total 0.063 Ac
Size Total Text 0.063 Ac
Zoning Description C3

https://www.realtor.ca/real-estate/29273782/48-dundas-street-e-greater-napanee-greater-napanee-58-greater-napanee

Contact Us

Contact us for more information

Generating Captcha

Adam Koven
Broker

(613) 539-0000
www.adamkoven.com/

Royal LePage Proalliance Realty, Brokerage
80 Queen St
Kingston, Ontario K7K 6W7

(613) 544-4141
www.discoverroyallepage.ca/

Dekker Team
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.