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:56069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12449811 |
| Property Type | Multi-family |
| Community Name | Rural Middleton |
| Features | Irregular Lot Size |
| Age | 51 To 99 Years |
| Cooling Type | None |
| Heating Type | Other |
| Size Interior | 1 Acres |
| Type | Multi-family |
| Acreage | Yes |
| Sewer | Septic System |
| Size Depth | 206 Ft |
| Size Frontage | 324 Ft ,4 In |
| Size Irregular | 1.091 |
| Size Total | 1.091 Ac |
| Size Total Text | 1.091 Ac |
| Zoning Description | Ch |
https://www.realtor.ca/real-estate/28961826/285-highway-3-norfolk-rural-middleton
Contact us for more information
Cole Shelly
Salesperson
(519) 539-5646
Nick Lalli
Broker
(519) 539-5646
Kelly Williams
Salesperson
(519) 539-5646
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
