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285 Highway 3, Norfolk, ON N4G4G7
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$1,685,000
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Home Details for 285 Highway 3
Price
$1,685,000
Type
Multi Family
Lot Size
1.091
Listing #
X12449811
On exitrealty.com
98 days
Property 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 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. (id:31684)
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Listing Courtesy: Century 21 Heritage House Ltd Brokerage
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$1,685,000
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EXIT REALTY CONNECT, BROKERAGE
101-310 Main Street E, Milton, ON L9T 1P4