133/135 John Street, Greater Napanee, Ontario K7R1R1 is For Sale and has a listing price of 389,900. The property is located in the Greater Napanee neighbourhood. It's been on the website for 34 Days.
Prime investment opportunity in the heart of historic downtown Napanee! This fully tenanted, mixed-use building offers two residential units and a commercial storefront, generating a total annual rental income of $37,416. Recent upgrades include electrical panel updates (Fall 2024) and the installation of new 3 separate hydro meters. The residential units are fully rented, with one tenant paying utilities and the others enjoying all-inclusive arrangements. The commercial storefront provides excellent potential, with permitted uses available upon request. Located in the quaint Town Square, the property is surrounded by charming boutiques, restaurants, and the allure of small-town living. With annual expenses of $14,100.48 and a CAP rate of 5.98%, this is an ideal investment for those seeking steady cash flow in a prime location. Don’t miss this opportunity to own a versatile property in one of Napanees most desirable areas. All Showing requests must be made 48 hrs in advance. (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 01/27/2025 | X11942177 | $389,900 | For Sale | - | - |
