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55 W Main, Norfolk, NY 13667

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For Sale

$199,000

5 baths • 4,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $49.75
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 52053

Courtesy Of 1st Class Realty Group

(315) 769-2500

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 55 W Main, Norfolk, NY 13667

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CENTURY 21 Premier

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Copyright © 2025 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.