52 QUEEN ST Active Save Request In-Person Tour Request Virtual Tour
Norfolk,ON N0E 1G0
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $175
MLS Listing ID X10744836
Bedrooms 21
Annual Tax Amount $17,994
Tax Year 2024
Lot Size 0.500 Acres
Property Description
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.
Location
Province ON
County Norfolk
Community Langton
Area Norfolk
Zoning RH
Region Langton
City Region Langton
Rooms
Kitchen 0
Interior
Interior Features Separate Heating Controls,Water Heater Owned
Cooling Yes
Inclusions Approximately Twelve (12) Stove's and Twelve Refrigerator's (12) are owned by the landlord., Smoke Detector, Hot Water Tank Owned
Laundry Common Area,Coin Operated
Exterior
Exterior Feature Controlled Entry
Garage Spaces 15.0
Utilities Available Unknown
View Downtown
Roof Type Membrane
Lot Frontage 134.0
Lot Depth 115.0
Exposure West
Total Parking Spaces 15
Building
Lot Description Irregular Lot
Foundation Concrete Block
New Construction false
Others
Senior Community No