$450,000

About this property

Main Street building in beautiful Downtown Napanee. Downtown is nestled on the shorelines of the Napanee River, boasting character, charm, and history. Originally settled by the Loyalists in 1785. There is an abundance of businesses that make the location a great tourist attraction and a great resource for shopping/dining for locals. Enjoy a small-town quaintness with all the amenities, including highway access and rail. Located centrally within 2 hrs (GTA), 30 Minutes (Prince Edward County), and 2 hrs (Ottawa). There are a total of 2 apartments & 2 storefronts, which are all currently rented. Updates to the building include the following: Back Stairs & Decking(2019), Furnace (2019), Roof (2021), Newer Appliances (2021) in residential units, Upgraded plumbing in selected areas(2019-2021), and Upgraded electrical (2026) and hot water tank (2026). Gross income is $52,300 with a net income of $39,000. Available upon request: information regarding leases, floor plans, and a breakdown of expenses. The price does not include HST.

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