52 Queen Street Norfolk County, Ontario N0E 1G0

21 Bedroom 14 Bathroom 12,000 ft2
Window Air Conditioner Baseboard Heaters

$2,100,000

ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow. (id:56069)

Property Details

MLS® Number X10744836
Property Type Business
Neigbourhood Langton
Features Laundry- Coin Operated
Parking Space Total 15

Building

Bathroom Total 14
Bedrooms Total 21
Amenities Separate Heating Controls
Appliances Water Heater, Refrigerator, Stove
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type Window Air Conditioner
Exterior Finish Steel, Aluminum Siding
Fire Protection Controlled Entry, Smoke Detectors
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 12,000 Ft2

Land

Acreage No
Sewer Septic System
Size Frontage 134 Ft
Size Irregular Unit=134 X 115 Acre ; 167.20' X65.51 X166.56' X129.39' X333.11' X63.85'
Size Total Text Unit=134 X 115 Acre ; 167.20' X65.51 X166.56' X129.39' X333.11' X63.85'|1/2 - 1.99 Acres
Zoning Description Rh

Utilities

Cable Installed
Wireless Available

https://www.realtor.ca/real-estate/24571879/52-queen-street-norfolk-county

Contact Us

Contact us for more information

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Gary Paret
Broker of Record

(519) 983-6357

Coldwell Banker G.r. Paret Realty Limited Brokerage
124 Broadway
Tillsonburg, Ontario N4G 3P8

(519) 688-3820

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