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Home ON Norfolk County Langton
52 QUEEN Street
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52 QUEEN Street $2,100,000
$2,100,000
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52 QUEEN Street
Langton, Ontario N0E1G0

MLS® Number: 40282051
21
Bedrooms
14
Bathrooms
12000
Square Feet

Listing Description

ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow. (64853930)

Location Description

Located in the heart of Downtown Langton, just North of the Main intersection on the corner Queen St. & Norfolk Drive.

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
12000 sqft
Subdivision Name
Rural Middleton
Title
Freehold
Land Size
0.738 ac|1/2 - 1.99 acres
Annual Property Taxes
$17,994.72
Parking Type
Visitor Parking
Time on REALTOR.ca
915 days

Building

Bathrooms
Total
14
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Features
Paved driveway, Laundry- Coin operated
Foundation Type
Block
Style
Detached
Fire Protection
Smoke Detectors
Total Units
14
Heating & Cooling
Cooling
Window air conditioner
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Septic System
Water
Well
Exterior Features
Exterior Finish
Aluminum siding, Brick, Metal, Vinyl siding
Neighbourhood Features
Amenities Nearby
Schools, Shopping
Parking
Parking Type
Visitor Parking
Total Parking Spaces
15

Measurements

Square Footage
12000 sqft
Above Grade Finished
12000 sqft
Source: Owner

Land

Lot Features
Frontage
134 ft
Land Depth
115 ft
Other Property Information
Access
Road access
Zoning Description
RH
Data provided by: Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR) Unit #6 - 65 Springbank, Woodstock, Ontario N4S 8V8

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