ExtensionFor Sale

285 Highway 3
Norfolk, Norfolk, ON, N4G 4G7

Investment
TRREB
MLS® Number: X12449811

Century 21 Heritage House Ltd Brokerage

Listing brokerage
$1,685,000List Price
InvestmentProperty Type
1.019 acresSize
$10,772.35 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 285 Highway 3, Norfolk, ON N4G 4G7

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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 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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$10,772.35 / 2024
Listing #:X12449811
Property Type:Investment
Building Age:51-99
Size:1.019 acres
Land Size:324.35 x 206.06
Days on CPRB:
Garage:Single Detached
Locker:None
On CPRB Since:
Listing Brokerage:Century 21 Heritage House Ltd Brokerage

Details

Property

Property Type:Investment
Community:Rural Middleton
Municipality:Norfolk

Building

Size:1.019 acres
Building Age:51-99

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Single Detached
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Other
Utility Sewer:Septic

Land

Cross Street:Corner of Highway 3 and Jackson Side Rd.

$1,685,000

List price

285 Highway 3, Norfolk – Investment for sale · MLS® # X12449811 | CPRB