381 Palace Road, Napanee, ON, K7R 1A2

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For Sale, ID#: 40324691
381 Palace Road
Napanee ON
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6 Beds
3 Bath
$539,900

Attention savvy investors! This unique triplex offers tons of value whether you are just starting to build your portfolio or want to add to it. The main floor of the original home consists of a 2 bedroom apartment with a 3 pc bath, in unit washer/dryer, open kitchen, large living room and bright rooms. The lower level consists of another 2 bedroom unit with 4 pc bath, open kitchen, small living room and utility room. The show stopper is the 3 car garage with 2 pc bath and roughed in Gas heater that was constructed in 2009/10 with arguably one of the nicer 2 bedroom apartments above it that you will find in the area. The apartment features Gaylord hardwood flooring, 2 very spacious bedrooms, luxurious bathroom w/walk in shower, corner tub and fireplace. The rest of the apartment consists of a dedicated laundry room, large living room, bright kitchen and 2nd level balcony. All units are separately metered with each tenant paying their own hydro/heat. The roof was replaced in 2010, most windows 2009/2010, municipal water/sewer, gas at the road (to hook up the garage heater), parking for 5 vehicles + the garage. This building is the perfect opportunity for a tradesman/woman who wishes to run their business from the garage and live in one of the units on site or rent it all out. The tenants are excellent and wish to stay. Please reach out for the financial details.

Representative
Adam Rayner
Adam RaynerSales Representative
Sutton Group - Masters Realty Inc. Brokerage*
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Property Details
  • Property Address: 381 Palace Road, Napanee, ON, K7R 1A2
  • Property Type: Residential Income
  • Zoning Description: R4
  • Sewage Type: Sewer (Municipal)
  • Water Type: Municipal-Metered
  • Driveway: Private Drive Double Wide, Private Drive Double Wide
  • Total Parking Spaces: 9
  • Waterfront Type: false
  • Maintenance Fee: 0.00
Structure Details
  • Storeys: 2
  • Bedrooms: 6
  • Bathrooms: 3-Total
  • Basement Type: Full, Finished
  • Cooling: None
  • Exterior Type: Aluminum Siding
  • Appliances Included: Water Heater, Freezer, Dryer, Refrigerator, Stove, Washer
  • Structures: Multi-3 Unit
Amenities / Features
  • Main Level
  • Multiple Locations
  • Urban
  • Corner Lot
  • Dog Park
  • Near Golf Course
  • Hospital
  • Library
  • Marina
  • Park
  • Place of Worship
  • Playground Nearby
  • Schools
  • Attached Garage
  • None
Neighbourhood Information

Listing Office: Sutton Group-Masters Realty Inc Brokerage

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381 Palace Road, Napanee, ON, K7R 1A2

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