407 Main Street E, Norwich, Ontario N0J 1X0 (29235235)
407 Main Street E Norwich, Ontario N0J 1X0
Presented By
Let’s Connect
$1,399,900
A charming and original piece of Springford with strong investment appeal.This 5-unit multi-residential property is situated on a large lot backing onto the creek, offering a rare combination of stable rental income, tenant desirability, and long-term value.All units have been well maintained, with Units 4 and 5 recently updated, featuring improved kitchens, bathrooms, flooring, and additional upgrades. The building is serviced by five independent gas forced-air furnaces, providing unit-by-unit efficiency and helping keep operating costs predictable. Most wiring and plumbing have been updated, adding peace of mind for long-term ownership.The property is protected by a Duraloc steel roof (approximately 20 years old), contributing to its low-maintenance profile. Outdoor space further enhances tenant appeal, with Units 2, 3, and 5 enjoying private decks or balconies overlooking the expansive rear yard, while Units 1 and 4 benefit from a generous front porch.Set on a deep lot with creek views, this property offers excellent tenant demand today, with potential long-term upside tied to land value and future enhancement in a growing rural community. A compelling opportunity for investors seeking a solid buy-and-hold asset with durability, income stability, and room to grow.Rent roll and financial information available upon request to qualified buyers. (id:62412)
Property Details
| MLS® Number | X12681700 |
| Property Type | Multi-family |
| Community Name | Springford |
| Features | Lane |
| Parking Space Total | 9 |
| Structure | Patio(s), Deck |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Amenities | Fireplace(s) |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Block, Stone, Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 5,000 - 100,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 194 Ft |
| Size Frontage | 126 Ft ,9 In |
| Size Irregular | 126.8 X 194 Ft |
| Size Total Text | 126.8 X 194 Ft |
| Zoning Description | V |
https://www.realtor.ca/real-estate/29235235/407-main-street-e-norwich-springford-springford
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January 09 2026 08:26:23
Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
Wiltshire Realty Inc. Brokerage
