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.
Norfolk, NY â?? Prime Eleven-Unit Income Property Turnkey Investment Opportunity Attention investors and professionals seeking a reliable, high-return opportunity in Northern New York! This complex in Norfolk, NY offers a fully occupied, eleven unit multifamily property with strong rental history for effortless management. Situated on a beautiful huge lot, this property combines small-town comfort with steady cash flow. Each spacious unit features low-maintenance design, and ample on-site parking with yard space for tenants. The location is idealâ??walking distance to local shops, restaurants, and everyday conveniences, and just a short drive to Clarkson University, SUNY Potsdam, and St. Lawrence University. Excellent high-speed internet and affordable electricity make it attractive for remote professionals, and long-term tenants seeking stable living. Outdoor lovers will appreciate nearby hiking, skiing, swimming, fishing, and boatingâ??plus the Massena Airport offering fast direct flights to Boston, and easy access to Ottawa, Montreal, Plattsburgh, and the Saint Regis Mohawk Reservation Casino with year-round cultural events. This property offers proven income, minimal oversight, and maximum convenienceâ??perfect for investors looking to expand their portfolio in St. Lawrence Countyâ??s thriving rental market. Highlights: Eleven-unit multifamily property â?? strong rental history Low-maintenance exterior Quiet area lot with large tenant parking & yard Prime location near universities, airport, and major cities High-demand rental area with long waiting list Turnkey investment, fully occupied and income-ready from day one. Schedule your private showing or request financials today! 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 andclose to all amenities. Financials will be provided to pre approved investors only. Rents are averaging $900.00. Owner pays for the utilities. There are 4 septic systems per owner. Lovely spacious apartments. Monthly rental income of over $8000.00 monthly. 2 units are 1-bed, 1-bath. 9 units are 2 beds, 1-bath. two of the 9 units that are 2-bed, 1-bath are second floor units.
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.
