49/51 Bridge St W

Unique seven (7) unit multiplex located within walking distance to downtown Napanee amenities. The rental property is attached but separately deeded. All information provided in this listing is combined information of both deeded parcels. 49 Bridge St W consists of 3 units and 51 Bridge St W consists of 4 units. All units are tenant-occupied with long-standing tenants. A recent rental increase for the year was conducted. All rental amounts provided are based on the last increase. No separate meters all rents are inclusive. Gross income is $75,816 and expenses (March 2022-Feb 2023) are $28,509. The property is with a property management company the owner self-manages including any repairs needed. The heating is a hot water boiler (2012), Metal roofing on one part was installed (2018), and Vinyl Siding (2021). R4 Zoning (permitted uses and description are available upon request) 48 hrs notice for all showing requests.