285 Highway 3, Norfolk, ON N4G4G7
- Sqft
- 43,560
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Overview
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. (id:58180)
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 43,560
- Lot size (acres)
- 1.09
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Other
- Cooling
- None
- Sewer
- Septic System
Taxes
- Tax Annual Amount
- $10,772.35
Public schools
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Sourced from: Canadian Real Estate Association MLS®#: X12449811 Last checked: …
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