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. Don’t miss this exceptional investment opportunity—contact us today to schedule a viewing and secure your piece of Norfolk’s thriving rental market.
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Zillow last checked:
Listing updated:
Listed by:
1st Class Realty Group,
Diana Dufresne315-322-2448
Source: SLCMLS,MLS#: 52053
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 5
Full bathrooms: 5
Appliances
Laundry: Coin-op, Common Area
Features
Has fireplace: No
Interior area
Total structure area: 4,000
Total interior livable area: 1,600 sqft
Property
Features
Levels: Two story
Stories: 2
Lot
Size: 2,700 Square Feet
Dimensions: 30 x 90
Details
Parcel number: 32.05847
Construction
Type & style
Home type: MultiFamily
Property subtype: Five or more family
Condition
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Internet Access, Phone Available
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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