49/51 Bridge Street W Greater Napanee, Ontario K7R 2C4
$760,000
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:49269)
Property Details
| MLS® Number | X13807912 |
| Property Type | Multi-family |
| Community Name | 58 - Greater Napanee |
| Amenities Near By | Golf Nearby, Hospital, Park, Place Of Worship, Schools |
| Community Features | Community Centre |
| Parking Space Total | 8 |
Building
| Bathroom Total | 7 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Age | 100+ Years |
| Appliances | Water Heater, Stove, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Slab, Stone |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 5,000 - 100,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Park, Place Of Worship, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 134 Ft ,10 In |
| Size Frontage | 83 Ft |
| Size Irregular | 83 X 134.9 Ft |
| Size Total Text | 83 X 134.9 Ft|under 1/2 Acre |
| Zoning Description | R4 |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
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September 21 2026 02:20:28
Kingston & Area Real Estate Association
RE/MAX Hallmark First Group Realty Ltd. , Brokerage