Matthew Tenk
Broker of Record
52 Queen Street Norfolk County, Ontario N0E 1G0
$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:39551)
Property Details
| MLS® Number | X10744836 |
| Property Type | Business |
| 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 |
| Fireplace Present | No |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 12000 Sqft |
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
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Woodstock-Ingersoll Real Estate Board
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January 08 2025 05:49:51
