Discover an exceptional investment opportunity ! This unique property, situated on approximately two acres, offers multiple income streams, providing a stable monthly revenue of $7,200. Perfectly poised for both novice and seasoned investors, this versatile estate promises both growth and immediate returns. This two storey home is divided into two well-appointed units. Each unit boasts spacious living areas, and comfortable bedrooms, ensuring continuous rental demand. Nestled within the property are 3 mobile homes that offer an affordable, flexible living option. Each is currently tenanted, all yielding consistent monthly returns. Take advantage of the additional income generated by the rented market space on the property. This versatile area is perfect for a small business or retail opportunity, adding another layer of revenue potential. Positioned just a stone's throw from downtown Napanee, this property benefits from close proximity to a full range of amenities, including shopping centers, restaurants, schools, and parks. With major highways and public transport options nearby, tenants and business patrons will appreciate the easy access and short commutes. This investment property presents a rare opportunity to acquire a diverse income-generating asset in a prime location. Dont miss out on this rare chance to own a piece of Napanees thriving real estate market! (id:47482)
| MLS® Number | X12226394 |
| Property Type | Single Family |
| Community Name | 58 - Greater Napanee |
| Equipment Type | Water Heater - Electric |
| Features | Irregular Lot Size |
| Parking Space Total | 10 |
| Rental Equipment Type | Water Heater - Electric |
| Basement Type | Partial |
| Construction Style Attachment | Detached |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Stone |
| Heating Fuel | Oil |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| No Garage |
| Acreage | Yes |
| Sewer | Septic System |
| Size Frontage | 500 Ft |
| Size Irregular | 500 Ft |
| Size Total Text | 500 Ft|2 - 4.99 Acres |
Contact us for more information
(613) 817-8288
www.themccaffreyteam.ca/
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Not intended to solicit buyers or sellers currently under contract. © 2021 | Penny Blake Home Team | Built with Love by Aaru Canada
