Norfolk, ON N4G4G7,285 HIGHWAY 3
Norfolk, ON N4G4G7,285 HIGHWAY 3
Norfolk, ON N4G4G7,285 HIGHWAY 3
Norfolk, ON N4G4G7,285 HIGHWAY 3
Norfolk, ON N4G4G7,285 HIGHWAY 3
Norfolk, ON N4G4G7,285 HIGHWAY 3
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$ 1,685,000
Est. payment | /mo

1 SqFt


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$ 1,685,000
Est. payment | /mo
Save

1 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $1,685,000

Subdivision Rural Middleton

MLS® Listing ID X12449811

Lot Size 1.091 Acres

Acres 1.091

Source Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling None

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Septic System

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Listed by Century 21 Heritage House Ltd Brokerage
Lauren Crouse

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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285 HIGHWAY 3