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114 Cassie Dr 4 Unit Apartment Building $1,036,737 CAD ($259,184 CAD/Unit) Norwich, NY 13815

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EXECUTIVE SUMMARY

Exceptional Four-plex on Over 3 Acres – Spacious, Modern, and Income-Producing! A rare find—this unique four-unit property sits on over 3 beautiful acres located in North Park Estates, one of Norwich's most desirable neighborhoods. This property offers privacy, space, and outstanding investment potential. Each of the four townhouse-style units boasts three full floors of living space, thoughtfully laid out for comfort and convenience. This property was designed and constructed for its intended use as a four-plex (this is not a converted property.) Each unit includes: 3 spacious bedrooms; 2.5 bathrooms (including an en-suite primary bed/bath); private attached garage (with plenty of additional paved parking spaces); in-unit laundry; private front and back balconies for outdoor enjoyment. The units feature open living areas, generous storage, and modern layouts ideal for both owner-occupants and tenants. Surrounded by nature with plenty of room to roam, this property offers a peaceful, residential setting just a short drive from town amenities. The property has a newer roof (2018) with a 10 year workmanship warranty. The large parcel of land has potential for expansion and there is opportunity for rent appreciation. The property has separate utilities (electric, furnace and hot water heater) for each unit, making management simple and efficient. As a 4-unit property, this may be eligible for conventional residential property pricing and terms. Whether you're looking to expand your real estate portfolio or live in one unit while renting the others, this turnkey property is a smart and rare opportunity.

PROPERTY FACTS

Price $1,036,737 CAD
Price Per Unit $259,184 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 3.11 AC
Building Size 8,800 SF
No. Stories 3
Year Built 1985
Parking Ratio 2.61/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2.5 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
084000-110-140-0002-014-400-0000
Land Assessment
$49,354 CAD
Improvements Assessment
$215,747 CAD
Total Assessment
$265,101 CAD
  • Listing ID: 36594826

  • Date on Market: 2025-07-03

  • Last Updated:

  • Address: 114 Cassie Dr, Norwich, NY 13815

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