285 Highway 3 N/A, Norfolk, ON N4G 4G7

Norfolk N4G 4G7 Ontario

MLS: X12449811

$1,685,000

Added 13 days ago | For Sale

Listed by: Century 21 Heritage House Ltd Brokerage

About Property

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 3,000 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 leasable 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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 324.35 X 206.06
  • Water:Well
  • Garage Spaces: /Single Detached
  • Driveway:
  • Heating Fuel:
  • Cross Street:Corner of Highway 3 and Jackson Side Rd.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $10772.35
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12449811

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