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.
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.
