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. (id:13843)
Details
| MLS # | X12449811 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 393 |
| Listing Provided By | Century 21 Heritage House Ltd Brokerage | Cole Shelly |
Features
| Zoning | CH |
|---|---|
| Acreage | 1.09 |
Interior
| Cooling | None |
|---|---|
| Heating | Other |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Irregular lot size |
|---|
Utilities
| Sewer | Septic System |
|---|
Taxes
| Tax Annual Amount | 10772.35 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Norfolk |
| Postal Code | N4G4G7 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Norfolk |
| Postal Code | N4G4G7 |