48 DUNDAS STREET E

Key facts

• Property type: Single Family
• Structure: Residential Commercial Mix
• Transaction: For Sale
• Price: $675,000
• Bedrooms: 2
• Bathrooms: 4
• Lot size: 0.063
• Parking: 2
• Listing key: 29819574

Listing overview

Prime Mixed-Use Investment - 48 Dundas Street East, Downtown Napanee. A strong mixed use income property in the heart of Napanee's revitalized downtown, featuring 2 residential units, 1 commercial unit, and 2 storage units. All spaces are fully leased, generating a current gross income of $61,647/year. The commercial tenant is secured until August 2027, providing stable long term cash flow. The main floor commercial space offers 1,300 sq. ft., quality finishes, two bathrooms, dedicated laundry, a new furnace, and a rubber membrane roof installed in 2020. Upstairs are two well designed apartments: a bright modern studio with a heat pump, and a spacious one bedroom with open concept living and a private balcony. Shared laundry is located in the common hallway. Additional income includes one storage unit at class="container" id="details-container"00/month and a second at $500/month. With an approximate 7% NOI, this property del...