285 Highway 3,Norfolk, ON N4G 4G7
Norfolk, ON N4G 4G7
Description
Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 2,400 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leaseable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use.
Details
| MLS # | X12449811 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 321 |
| Listing Provided By | Century 21 Heritage House Ltd Brokerage | X12449811 518900 |
Features
| SQ Feet | 44,387 |
|---|---|
| Acreage | 1.02 |
Interior
| Cooling | No |
|---|
Utilities
| Utilities | Available |
|---|---|
| Sewer | Septic |
Taxes
| Tax Annual Amount | 10772.35 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2024 |
Area Information
| Province | ON |
|---|---|
| Region | Norfolk |
| City | Norfolk |
| Postal Code | N4G 4G7 |
| Area | Rural Middleton |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Norfolk |
| City | Norfolk |
| Postal Code | N4G 4G7 |
| Area | Rural Middleton |