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48 Dundas Street E Greater Napanee (Greater Napanee), Ontario K7R 1H8

4 Bathroom 2675 sqft
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:49269)

Property Details

MLS® Number X12715974
Property Type Retail
Community Name 58 - Greater Napanee
EquipmentType Water Heater
Features Irregular Lot Size
ParkingSpaceTotal 2
RentalEquipmentType Water Heater

Building

BathroomTotal 4
Appliances Dryer, Washer
CoolingType Partially Air Conditioned
HeatingFuel Electric
HeatingType Forced Air
SizeExterior 2675.16 Sqft
SizeInterior 2675 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 132 Ft
SizeFrontage 20 Ft
SizeIrregular 0.063
SizeTotal 0.063 Ac
SizeTotalText 0.063 Ac
ZoningDescription C3

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

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