52 QUEEN Street, Norfolk | Image 1

52 QUEEN Street

Norfolk, Langton

  • Commercial

$2,100,000
For Sale

Added 2 years ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: RH

  • Age: 51-99 years

  • Taxes: 17994.72

  • MLS®#: X10744836

  • Days on Site: 961 Days

  • Added: Jun 21, 2022 (2 years ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: Coldwell Banker G.R. Paret Realty Limited Brokerage

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.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 51-99

  • Area: Norfolk

  • Community: Langton

  • Availability Date: TBD

  • Assessment Amount: $777,500

  • Assessment Year: 2022

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 15

Fees

  • Tax Year: 2024

  • Tax Legal Description: Plan # 269, Lot # 3, Part of Lots # 13-14 , RP 37R2404, Part # 1

  • Taxes: $17,995

  • Expenses: Est

  • Insurance Fee: 6307

Land

  • Cross Street: Located in the heart

  • Municipality District: Norfolk

  • Parcel Number: 501360265

  • Sewer: Septic

  • Lot Depth: 115 Acres

  • Lot Frontage: 134 Acres

  • Lot Irregularities: See Remarks

  • Zoning: RH

Commercial Specific

  • Total Area: 12000

  • Total Area Metric: Sq Ft

Map of 52 QUEEN Street, Norfolk
7-8

Collège français élémentaire

Elementary: Public
1.15 km
JK-6

Downtown Alternative School

Elementary: Public
1.03 km
JK-8

St Michael Catholic School

Elementary: Catholic
1.06 km
1-8

St Michael's Choir (Jr) School

Elementary: Catholic
0.46 km
JK-6

École élémentaire Gabrielle-Roy

Elementary: Public
0.90 km
JK-6

Church Street Junior Public School

Elementary: Public
1.27 km
9-12

Native Learning Centre

Secondary: Public
1.27 km
9-12

St Michael's Choir (Sr) School

Secondary: Catholic
0.43 km
9-12

Heydon Park Secondary School

Secondary: Public
1.09 km
9-12

Contact Alternative School

Secondary: Public
0.73 km
9-12

Collège français secondaire

Secondary: Public
1.20 km
9-12

St Joseph's College School

Secondary: Catholic
1.45 km
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