Beautifully maintained 7 unit multifamily property offering stable income with room to grow.


Property

Website:https://www.nestseekers.com/5012966
Address:
Norfolk N4G 4G7
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C1,685,000
($1,239,600)
(€1,057,300)
Annual Taxes:C10,772.35

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.

Amenities

  • Available

Contact

505 Park Ave, New York, NY 10022