Address
434 PALACE Road Napanee, ON
Price
$ 4,580,335
Property Attributes
  • ML#40083968
  • TypeMulti-Family
  • CityNapanee
  • Postal CodeK7R 1A3
  • StyleDetached
  • Price$ 4,580,335
  • Bedrooms42
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Sean McKinney with Re/Max Quinte Ltd., Brokerage
Data Source:
RLP - CREA EN
Property Description

This is a solid brick 24 plex in bustling Napanee. Good rental history with excellent super in place. Seller is selling based on a 5% cap rate with CMHC standard allocation for maintenance ($750 per unit annually) super and salaries ($350 per unit annually) 4% management fee and 3% vacancy fee even thought those figures may be less. (id:27)

General Features

Beds 42
Construction Style Detached
Features Laundry- Coin operated
Garage no
Listing Type Investment
Location Description EXIT OFF HIGHWAY 401 SOUTH ON PALACE ROAD
More Information Link https://www.realtor.ca/real-estate/22953283/434-palace-road-napanee
Parking yes
Parking Spaces 33
Property Type Multi-family
Sewer Municipal sewage system
Terms SALE
Wheel Chair Access no
Zoning R6-2

Interior Features

Basement Type None
Bedrooms 42
Cooling Type None
Fireplace no
Foundation Type Block
Heating Fuel Electric

Exterior Features

Exterior Finish Brick
Lot Frontage 274.0
Pool Y/N no

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in K7R 1A3

Price
AVG $4.58M
$4.58M
Visits
AVG 52
95