52 Queen Street, Norfolk (langton), Ontario

$2,100,000

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21

Beds

12,000

Square feet

About 52 Queen Street

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:6289)

Features of 52 Queen Street

Listing # X10744836
Price $2,100,000
Bedrooms 21
Bathrooms 0.00
Square Footage 12,000
Acres 0.00
Type Business

Community Information

Address 52 Queen Street
Subdivision Langton
City Norfolk (langton)
Province Ontario
Postal Code N0E1G0

Amenities

Amenities Separate Heating Controls
Utilities Cable, Wireless
Features Laundry- Coin operated
Parking Spaces 15
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater, Refrigerator, Stove
Heating Electric Baseboard heaters
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Exterior Steel, Aluminum siding
Lot Description Unit=134 x 115 Acre ; See Remarks|1/2 - 1.99 acres
Foundation Block

Listing Details

OfficeColdwell Banker G.R. Paret Realty Limited Brokerage

Listing Map

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