Space
Finished area and layout
- Square Feet
- 5,000-100,000 sqft
- Bedrooms
- 9
- Bathrooms
- 7





Property Snapshot
MLS #X13807912
Finished area and layout
Type, style and structure
This 9-bedroom, 7-bathroom multiplex in Greater Napanee offers 5,000-100,000 sqft of square feet on a 83 x 134.9 FT lot. 2 storeys. The property has zoned R4. The home features none, a full, unfinished basement. Highlights include a none pool.
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. All seven 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 is required for all showings. Income and expense sheet and a recent building inspection are available upon request. (id:60351)
Centre st W on Bridge
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Land, frontage and setting
Price, taxes and monthly charges
Listed by ALEXANDRA GRANT, RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
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Listed by ALEXANDRA GRANT, RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE · MLS# X13807912
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