$899,900
For sale: Multiplex

This fully leased 14-unit legal rooming house is an excellent investment opportunity in a sought-after neighbourhood. With approximately $140,000.00/year income and a low vacancy rate, this property is ideal for investors seeking stable cash flows. With close proximity to all amenities, the property features 14 units with a total of 11 washrooms (five 3 peices and six 2 peices) thus very mininal shared washrooms. Large kitchen with dining and open concept recreational space for socializing. New security camera systems and many other recent upgrades. Fire code certification completed as well (2025).
Sold data
Homes in Greater Napanee (Greater Napanee) took a median of 42 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 67, across 57 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 91 days.
The median sale price was $489,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 57 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

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