ON
Norfolk
N4G4G7
285 Highway 3
285 Highway 3, Norfolk, ON N4G4G7
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Listing Type
Multi Family
Listing Status
active
39
$1,771,000

Home Details for 285 Highway 3

Price
$1,771,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
1.091
Parking
Days on site
24
Listing #
X12449811
Property Description

Beautifully maintained 7-unit multifamily property offering strong income and long-term investment stability. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, each thoughtfully updated between tenancies. One unit is currently vacant, providing an immediate opportunity to set new market rent or for flexible owner 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 could be leased for hobby use, storage, or small business purposes (estimated at ~$2,500/month).The property sits on a 1.09-acre CH-zoned corner lot with dual road access, allowing for multiple future-use possibilities and income growth potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is an excellent investment for those seeking a clean, well-managed asset with reliable tenants and upside potential. (id:31684)

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Other
Listing Courtesy: Century 21 Heritage House Ltd Brokerage
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Kate Hoekstra
License #: 5012081
Franchisee
Office
647 618 3158
Agent
647 618 3158
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