This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating opportunity. Ideally located near amenities, schools, and public transportation, the property consists of four spacious 2-bedroom units and two 1-bedroom units. Tenants are responsible for their own electric heating, reducing utility costs for the owner. The building features on-site laundry facilities, four lockers designated for the 2-bedroom units, and additional in-unit storage for one of the 1-bedroom apartments. With surface parking available, the property boasts 12 parking spots for tenant convenience. Additionally, the building offers renovation potential, enhancing both rental income and long-term appreciation in this developing neighborhood.
MLS# | X11993735 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 19 |
Listing Provided By | CENTURY 21 INNOVATIVE REALTY INC. | X11993735 162401 |
SQ Feet | 82,328 |
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Acreage | 1.89 |
Province | ON |
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Region | Peterborough |
City | Norwood |
Postal Code | K0L |
Area | Norwood |
Listing VS Median (In K0L) | |
Price: $1,099,000 low | high Med: $301,500 SqFt: 82,328 low | high Med: 2,250 $ / SqFt: $13 low | high Med: $250 On site: 19 low | high Med: 29.000000 |