Skip to main content
|

8636 Route 56 8636 Route 56, Norfolk, NY 13667

Show All 4 Photos
For Sale

$329,900

11 baths6,513 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $50.65
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Norfolk, NY 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 ideal 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 boating 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 convenience perfect for investors looking to expand their portfolio in St. Lawrence County s thriving rental market. Highlights: Eleven-unit multifamily property 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.
MLS# 52143

Courtesy Of 1st Class Realty Group

(315) 769-2500

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Carpet, Carpet - Full, Hardwood, Laminate, Vinyl, Wood
  • Rooms
    Dining Room, Kitchen

Home seller CENTURY 21 Hire Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Loading...
Loading...