285 Highway 3, Norfolk, Ontario

About 285 Highway 3

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. (id:6289)

More Info on this Rural Middleton Multi-Family MLS® listing

285 Highway 3 is a multi-family listing for sale in Norfolk. The MLS® number is X12449811. It covers 1 square feet. It's currently listed for $1,685,000. For more details on MLS® X12449811, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in Rural Middleton is available now!

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