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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:62412)
| 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
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