40
See all 40 photos
$1,850,000
Est. payment /mo
21 Beds
14 Baths
Pending
52 Queen ST Norfolk, ON N0E 1G0
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Pending
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Langton
MLS Listing ID X12317287
Style 2-Storey
Bedrooms 21
Annual Tax Amount $17,994
Tax Year 2024
Property Sub-Type Multiplex
Lot Depth 333.11
Lot Front 63.85
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
Area Norfolk
Rooms
Family Room No
Basement Partial Basement
Kitchen 14
Interior
Interior Features Separate Heating Controls
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Unreserved, Private
Pool None
View Downtown
Roof Type Membrane
Lot Frontage 63.85
Lot Depth 333.11
Total Parking Spaces 15
Building
Foundation Concrete Block
Others
ParcelsYN Yes
Listed by Coldwell Banker G.R. Paret Realty Limited Brokerage
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