Homes for sale - 70 Dundas ST W, Greater Napanee, ON K7R 1Z8

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Jennifer Van Geytenbeek

jennifer@paulnusca.com +1(416) 567-1274

$ 785,000

Est. payment | -/mo

9 Beds

7 Baths

Save

$ 785,000

Est. payment | -/mo

Save

9 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 3500-5000

MLS Listing ID X9039453

Style 2-Storey

Bedrooms 9

Annual Tax Amount $8,929

Tax Year 2024

Property Description

Discover a unique investment opportunity with this well-maintained legal non-conforming 7-plex, boasting a history of steady occupancy and satisfied residents. Currently, all tenants are aged 55+, fostering a peaceful and mature community. Each unit is rented on a month-to-month basis. This property has return on investment with a projected rental income of $82,596 per year and current expenses of $23,033.54 (2023). Conveniently, it offers seven parking spots and an outbuilding for additional storage, catering to tenant needs. Two units are intentionally kept vacant, offering immediate potential for new tenants or renovation. Owned by the same individual since 1998, the building has been meticulously cared for and upgraded over the years. Detailed floor plans, a comprehensive list of upgrades, and a breakdown of expenses and rents are available upon request. Don't miss out on this rare opportunity to own a multi-family property in a desirable location.

Location

Province ON

County Lennox & Addington

Area Lennox & Addington

Rooms

Family Room No

Basement Partial Basement

Kitchen 7

Separate Den/Office 2

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Garage Spaces 7.0

Pool None

Roof Type Membrane,Metal

Total Parking Spaces 7

Building

Unit Features Golf,Hospital,Library,Park,Public Transit,Rec./Commun.Centre

Foundation Slab, Stone

Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 567-1274

jennifer@paulnusca.com

70 Dundas ST W Greater Napanee, ON K7R 1Z8