$760,000 Sale

Listed 21 days ago

49/51 BRIDGE STREET W

MLS® x13807912 Multi Family

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Beds · 9

Baths · 7.0

Parking · 8

Sqft · 5000 - 100000

Est. mortgage

$2,883/mo

Key Facts

Key facts for 49/51 BRIDGE STREET W

Property Type

Apartment

Parking

Garage: No, 8 parking

MLS #

X13807912

Size

5000 - 100000 sqft

Basement

Unfinished, Full (Unfinished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Unique seven (7) unit multiplex located within walking distance of downtown Napanee amenities. This income-producing property is attached but separately deeded, with all information provided in this listing representing the combined details of both parcels. 49 Bridge St W consists of 3 units, while ...51 Bridge St W consists of 4 units. Six units are currently tenant-occupied with long-standing tenants. Rental amounts reflect the most recent rental increases, and there are no separate meters; all rents are inclusive. Based on full occupancy, the property generates approximately $105,744 in gross annual income, with an estimated net operating income of $58,729/year and an approximate 7.73% cap rate based on the $760,000 asking price. The property features hot water boiler heating (2012), metal roofing on one portion (2018), a new asphalt shingle roof (2026), and vinyl siding (2021). R4 zoning; permitted uses and zoning information are available upon request. 48 hours' notice required for all showings. Income and expense sheet and a recent building inspection are available upon request. (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

7.0

Square Footage

5000 - 100000 sqft

Basement

Unfinished, Full (Unfinished)

Heating Source

Natural gas

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

7.0

Square Footage

5000 - 100000 sqft

Basement

Unfinished, Full (Unfinished)

Heating Source

Natural gas

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

83 x 134.9 FT|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Golf Nearby, Hospital, Park, Place of Worship, Schools

Acreage

83 x 134.9 FT|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Golf Nearby, Hospital, Park, Place of Worship, Schools

Building Description

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick, Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick, Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Greater Napanee

Area Code

Greater Napanee (Greater Napanee)

Features

Community Centre

Community

Greater Napanee

Area Code

Greater Napanee (Greater Napanee)

Features

Community Centre

Other

Virtual Tour Link

https://iguidephotos.com/49_51_bridge_st_w_napanee_on/

Virtual Tour Link

https://iguidephotos.com/49_51_bridge_st_w_napanee_on/

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Blakney Real Estate Team

Email: [email protected] Cell: 613-548-2552