Greater Napanee, ON K7R 1A5,469 Palace RD
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Greater Napanee, ON K7R 1A5,469 Palace RD
Greater Napanee, ON K7R 1A5,469 Palace RD
Greater Napanee, ON K7R 1A5,469 Palace RD
Greater Napanee, ON K7R 1A5,469 Palace RD
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$ 2,789,000
Est. payment /mo
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Pending

469 Palace RD Greater Napanee, ON K7R 1A5

1 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $2,789,000

Subdivision 58 - Greater Napanee

MLS Listing ID X12129269

Annual Tax Amount $18,828

Tax Year 2024

Property Sub-Type Investment

Property Description

Fully tenanted 12-unit apartment seniors building located along the Napanee River, just a short walk to downtown Napanee, Napanee Falls, and the waterfront trail. The property features all 2-bedroom units(all similar to the 12 units), with 7 of them updated. Recent upgrades include a steel roof (2016), hardwired fire alarm system (2019), vinyl windows throughout, steel balcony doors with storm doors, exterior LED lighting, and gas water heater. Situated on a spacious lot, the property offers outdoor space for tenants and direct access to the scenic Napanee River. Rental Income Annual of $167489.44!!!!

Location

Province ON

County Lennox & Addington

Community 58 - Greater Napanee

Area Lennox & Addington

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 174.91

Lot Depth 120.0


Listed by KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE

See This Home in Person

469 Palace RD

agent

Lia Del Bonifro

Real Estate Sales Representative

+1(416) 819-7499

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