$547,500
$574,900
4.8%For more information regarding the value of a property, please contact us for a free consultation.
272 Norfolk AVE Norfolk, ON N4B 2N3
7 Beds
3 Baths
Key Details
Sold Price $547,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X8390534
Sold Date 09/18/24
Style 2-Storey
Bedrooms 7
Annual Tax Amount $2,448
Tax Year 2024
Property Description
This well-maintained up-down duplex offers an excellent investment with a projected 10% cap rate. This property features an upstairs unit with 3 bedrooms, kitchen, full bath and in-unit laundry, a main floor unit with 3 bedrooms, a kitchen a full bath room and laundry the main floor also comes with a basement in-law suite with a separate entrance, the basement features 1 bedroom, full kitchen and dedicated laundry. Additionally, there's a rentable shed on the property for extra income. Currently owner-occupied, vacant possession will not be an issue at closing. This versatile property is ideal for generating rental income or maximizing returns by leasing all units.
Location
State ON
County Norfolk
Community Delhi
Area Norfolk
Zoning R1-A
Region Delhi
City Region Delhi
Rooms
Family Room Yes
Basement Finished
Kitchen 3
Separate Den/Office 1
Interior
Interior Features In-Law Capability, Separate Hydro Meter, Water Heater Owned
Cooling Central Air
Exterior
Parking Features Private Triple
Garage Spaces 7.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 58.83
Lot Depth 58.83
Total Parking Spaces 7
Building
Foundation Concrete Block
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