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. This building has recently undergone several new updates this past summer, including new porches. There is a huge shortage of living quarters in Norfolk, so it is a great investment. Plese contact for your exclusive showing.
Investor Alert: Prime Downtown Norfolk Income Property Exceptional opportunity to own a fully occupied, income-producing apartment building in the heart of downtown Norfolk. This five-unit property boasts a proven rental history, generating $3,875/month, with each unit separately metered for electricity, ensuring convenience and efficiency. On-site coin-operated laundry adds to tenant satisfaction and ease of management. Unit Breakdown: Apartments 1 & 2 (ground floor): 3 bedrooms each Apartments 3 & 4 (second floor): 2 bedrooms each Apartment 5: 1 bedroom Perfectly positioned within walking distance to local shops, cafes, and small-town amenities, while offering a short drive to libraries, parks, museums, Clarkson University, SUNY Potsdam, SUNY Canton, and seasonal outdoor adventures including hiking, skiing, swimming, fishing, and boating. Norfolk is just minutes from the nearby airport with fast direct flights to Boston and convenient access to larger regional cities like Plattsburgh, Ottawa, Montreal, and the Saint Regis Mohawk Reservation, which features a casino and year-round cultural events. This property is ideal for real estate investors seeking multi-family units in upstate New York with strong cash flow potential, as well as professionals and workers drawn to affordable, economical electricity services and high-speed internet in a quiet, small-town setting. No sign on property. Donâ??t miss this exceptional investment opportunityâ??contact us today to schedule a viewing and secure your piece of Norfolkâ??s thriving rental market.
Looking for the perfect investment opportunity? Look no further- this property has two separate rental properties located in Norfolk, NY, including two two-bedroom units and a three-bedroom unit. Unit 1 features 2 bedrooms and 1 bathroom, new laminate flooring throughout, spacious bedrooms, a mudroom, and a washer and dryer. All apartments have separate electric, water, and gas meters. Unit 2 features 2 bedrooms and 1 bath, new laminate flooring throughout, new kitchen cabinets, countertops, Rinnai gas heater, as well as a newly remodeled full bathroom and a stackable washer and dryer. Unit 3 is equipped with 3 bedrooms, a newly remodeled 1 and 1/2-bathroom, new laminate flooring throughout, and the hardwood floors have all been refinished. Additionally, this unit is equipped with a laundry area with hookups for a washer & dryer. For convenience and functionality, this property offers 4 parking spaces for tenant parking! Call for a showing of this incredible investment opportunity before it is gone!
Norfolk is located in New York. 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.
