Property Details

434 PALACE Road, Napanee, Ontario, K7R1A3

434 PALACE Road, Napanee, Ontario, K7R1A3 (ID 40083968)
Representative
Don McColl portrait
Don McColl
Sales Representative
Ekort Realty Ltd., Brokerage*
Cell: 613-921-1206

$4,580,335 - For sale

ID#:40083968

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:25369)

Location DescriptionEXIT OFF HIGHWAY 401 SOUTH ON PALACE ROAD

Property Details
  • Property Address:434 PALACE Road, Napanee, Ontario, K7R1A3
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:1.426
  • Acreage:1.426 ac|1/2 - 1.99 acres
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
Structure Details for 434 PALACE Road, Napanee, Ontario, K7R1A3
  • Bedrooms:42
  • Heating Type:Electric
  • Style:Detached
  • Storeys:3
  • Basement Type:None
  • Foundation Type:Block
  • Cooling Type:None
  • Rental Equipment:None
  • Exterior Type:Brick
Amenities for 434 PALACE Road, Napanee, Ontario, K7R1A3 Laundry- Coin operated
Representative
Don McColl portrait
Don McColl
Sales Representative
Ekort Realty Ltd., Brokerage*
Cell: 613-921-1206
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Listing Office: Re/Max Quinte Ltd., Brokerage

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434 PALACE Road, Napanee, Ontario, K7R1A3

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