48 Dundas Street East, Greater Napanee.

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 $100/month and a second at $500/month.

With an approximate 7% NOI, this property delivers strong, stable returns supported by diversified income streams in a growing market.

Located steps from the rapidly expanding Gibbards District, the property benefits from increasing population density and customer traffic.

Financials are available upon request - a rare opportunity to secure a stable, diversified asset in a thriving downtown corridor.

(id:39198).