Investor Alert: Prime Downtown Norfolk Apartment Building Exceptional income-producing property in the heart of Norfolk! This apartment building features five units with a strong rental history, generating $3,875 in monthly income. Each unit is separately metered for electric, with a convenient on-site coin-operated laundry. Ground Floor: Apartments 1 and 2 each offer 3 bedrooms. Second Floor: Apartments 3 and 4 each have 2 bedrooms, and Apartment 5 is a 1-bedroom unit. Positioned close to all of Norfolkâ??s amenities, this property is an outstanding investment opportunity. No sign on property. Contact today to seize this opportunity!
Looking for a property with endless possibilities? This one might be perfect for you! Imagine earning rental income from two beautiful units, creating a home office on one side and a living area on the other, or even converting it into a stunning 4-bedroom home by removing a closet and small hallway. This is the home that can do it all! When I say everything has been redone, I mean everything. The exterior boasts sleek, modern dark blue siding and brand-new vinyl replacement windows with a prairie-style design. This ranch-style home features two paved driveways, each with a turnaround. The right unit (A) has its own oversized garage, including a mower room and a separate back garage door. And the backyard? Itâ??s a dream! A private, beautifully landscaped space with mature apple trees and a firepit area, perfect for hosting gatherings. Unit A offers a spacious living area, currently used as a gym, and a fully renovated kitchen with new white cabinets, countertops, and appliances. There's also an addition serving as a home office with its own mini-split system for heating and A/C. Youâ??ll love the small patio, where you can enjoy your morning coffee while listening to the birds. This unit includes two generously sized bedrooms and a half bath, which could easily be converted into a full bathroom. In Unit B, you'll step into an open concept living room and kitchen, all completely updated. From new flooring and trim to custom cabinets, countertops, and appliances, everything has been upgraded. Unit B also features two large bedrooms and a fully renovated bathroom. The full-sized basement offers even more: a dry, spacious area for laundry, additional storage, and another living room. This is a one-of-a-kind property with so much to offer! Donâ??t waitâ??call today to schedule a viewing!
Calling all investors!! What a great Real Estate opportunity you will have with this 'not your average apartment complex'!! There are 3 beautiful townhouse style apartments, each having luxury of their own garage unit and charming patio overlooking a beautiful large pond and also a large common area between each unit. The building itself sits on 1.9 acres, the metal roof is only 3 years old, there's an expansive gravel parking lot with 7 garage units, each having garage door openers, plus there is a building attached to the end of the garage that is used as a shop area, it also has garage doors for easy access. Four of those garage spaces can be rented out for storage or continue to be rented to the neighboring apartment building tenants for extra income. Currently each tenant pays their own utilities, each unit has a washer, dryer, stove, refrigerator, dishwasher, microwave and built in wall AC units. All units have zoned temp room controlled electric heat, the larger apartment has electric heat and radiant floor heat. * Apt A - 3 bdr, 2 full bath 1st floor- 2 bedroom, 1 full bath 2nd floor- 1 bedroom, 1 full bath * Apt B - 2 bdr, 1 full bath Ground floor apartment *Apt C - 2 bedroom, 1 full bath 2nd floor apartment All 3 Units are well taken care of by the tenants, the entire property is immaculate! This property is a great deal for investors looking to expand their portfolio or anyone seeking a unique living arrangement with rental income potential.
Well located duplex available for the handy young investor. Owner states that the apartments are modern, close to the town of Massena, and near all local amenities in this quaint little town. With a little TLC, this property can make someone a great investment. The lot is large and can accommodate other interests of the buyer. Plenty of parking for the tenants.
Excellent investment opportunity for the investor! This 5 apartment complex features modern apartments, one three bedroom, two two bedrooms, and two one bedrooms on a 4.6 acre lot with plenty of parking for everyone. There is a very large porch in the front. Close to all amenities and very near the local park. A great work project for the enterprising young investor.
An investor's dream!!! This 11 unit multifamily will not last long. Former motel that has been added on and completely renovated over the years and is newly on the market. There is also a 30x60 rear building filled with apartments. This property features a total of 11 lovely apartments, town water and private septic. There are one, two and three bedroom units. It is located in a quaint little town and close to all amenities. Financials will be provided to pre approved investors only. Rents are averaging $900.00. Utilities are paid by the owner.
The median home value in Norfolk, NY is $116,300. This is lower than the county median home value of $124,600. The national median home value is $338,100. The average price of homes sold in Norfolk, NY is $116,300. Approximately 70.54% of Norfolk homes are owned, compared to 23.39% rented, while 6.07% are vacant. Norfolk real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norfolk real estate agent to arrange a tour today!
Norfolk, New York has a population of 4,496. Norfolk is more family-centric than the surrounding county with 29.01% of the households containing married families with children. The county average for households married with children is 27.5%.
The median household income in Norfolk, New York is $46,386. The median household income for the surrounding county is $54,351 compared to the national median of $69,021. The median age of people living in Norfolk is 42.3 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 5.7 degrees. The average rainfall is approximately 37.2 inches per year, with 65.7 inches of snow per year.