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$1,771,000
Available - For Sale
Listing ID: X12449811
Beautifully maintained 7-unit multifamily property offering strong income and long-term investment stability. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, each thoughtfully updated between tenancies. One unit is currently vacant, providing an immediate opportunity to set new market rent or for flexible owner 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 could be leased for hobby use, storage, or small business purposes (estimated at ~$2,500/month).The property sits on a 1.09-acre CH-zoned corner lot with dual road access, allowing for multiple future-use possibilities and income growth potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is an excellent investment for those seeking a clean, well-managed asset with reliable tenants and upside potential.
Price $1,771,000
Taxes: $10,772.35
Tax Type: Annual
Occupancy by: Tenant
Address: 285 Highway 3 N/A , Norfolk, N4G 4G7, Norfolk
Postal Code: N4G 4G7
Province/State: Norfolk
Directions/Cross Streets: Corner of Highway 3 and Jackson Side Rd.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 1.02
Total Area Code:  Acres
Approximatly Age: 51-99
Maintenance: 0
Heat Type: Other
Central Air Conditioning: No
Sewers: Septic
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Century 21 Heritage House Ltd Brokerage

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


 
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At a Glance:
Type: Com - Investment
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Rural Middleton
Style:
Lot Size: x 206.06(Feet)
Approximate Age: 51-99
Tax: $10,772.35
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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