48 Dundas Street E, Greater Napanee (Greater Napanee), Ontario

About 48 Dundas Street E

Prime Mixed-Use Investment - 48 Dundas Street East, Downtown Napanee. A strong mixed use income property in the heart of Napanee's revitalized downtown, featuring 2 residential units, 1 commercial unit, and 2 storage units. All spaces are fully leased, generating a current gross income of $61,647/year. The commercial tenant is secured until August 2027, providing stable long term cash flow. The main floor commercial space offers 1,300 sq. ft., quality finishes, two bathrooms, dedicated laundry, a new furnace, and a rubber membrane roof installed in 2020. Upstairs are two well designed apartments: a bright modern studio with a heat pump, and a spacious one bedroom with open concept living and a private balcony. Shared laundry is located in the common hallway. Additional income includes one storage unit at $100/month and a second at $500/month. With an approximate 7% NOI, this property delivers strong, stable returns supported by diversified income streams in a growing market. Located steps from the rapidly expanding Gibbards District, the property benefits from increasing population density and customer traffic. Financials are available upon request - a rare opportunity to secure a stable, diversified asset in a thriving downtown corridor. (id:6289)

More Info on this 58 - Greater Napanee Residential Commercial Mix MLS® listing

48 Dundas Street E is a residential commercial mix listing for sale in Greater Napanee (Greater Napanee). The MLS® number is X13209810. It features 2 bedrooms, 4 bathrooms. It's currently listed for $675,000. For more details on MLS® X13209810, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This residential commercial mix listing in 58 - Greater Napanee is available now!

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