Description
Price : $1,685,000.00 MLS® : X12449811 / 285 Highway 3 N/A, Norfolk, ON N4G 4G7
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.
Location Description
Corner of Highway 3 and Jackson Side Rd.
Property Details
- Community: Rural Middleton
- Property Type: Tenant/Commercial
- Garages: Single Detached
- Annual Property Taxes : $ 10772.35
Buildig Features
- Parking Type : Single Detached
Features
- Heating : Other
- Sewer : Septic ,
Land (Lot Features)
- Frontage: 324.35 sq.ft
- Land Depth: 206.06sq.ft
- Square Footage : 260.06ft x 324.35ft x 37.39ft x 343.20ft
Listing Contracted With: Century 21 Heritage House Ltd Brokerage