For Sale: 49/51 Bridge Street W, Greater Napanee, ON - REW
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$760,000
9 bd 7 ba 5000 - 99999 sf Multifamily

49/51 Bridge Street WGreater Napanee, ON, K7R 2C4

  • 9 Bed
  • 7 Bath
  • 5000 - 99999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: ALEXANDRA GRANT, Salesperson, RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$6,803
Home facts
Bedrooms
9
Full Bathrooms
7
Parking Spaces
8
Parking Details
No Garage
Property Type
Multifamily
Lot Size
83 ft x 134 ft (11196 ft²)
Depth
134.9 feet
Frontage
83.0 feet
Exterior Finish
Brick, Vinyl siding
Heating Type
Natural gas
Basement Details
Unfinished, Full
Appliances
Refrigerator, Stove, Water Heater
Agent details
Primary Agent
ALEXANDRA GRANT
Primary Broker
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Listing details
Days on REW
1 Day
MLS® Number
X13807912
Source
Canadian Real Estate Association
Board
Kingston & Area Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

The Prince Charles School
  • Public
  • JK - 8
Napanee District Secondary School
  • Public
  • 9 - 12
J J O'Neill Catholic School
  • Catholic
  • JK - 8
Southview Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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