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$875,000
Status: For Sale
Investors. This turn-key, low maintenance, cash flowing Four-plex is located near the heart of Simcoe. Close to shopping, dining, and entertainment. Cap Rate of 7.09. Built in 1950, unit is situated on a 2.12 acre parcel backing onto scenic fields. Lots of parking in front. 4 spacious are fully rented to A+ tenants units and each unit pays it's own hydro and gas meter. This building has an extensive list of new updates and renovations throughout the interior and exterior. 1-3 Bedroom unit, 1-1 Bedroom unit, 1-1+Den unit, and 1-2 Bedroom unit.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40591589 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :31 Dec, 2024 (3 Days ago) |
| Source | :Brantford |
| Area | :Norfolk |
|---|---|
| City | :Simcoe |
| Area Major | :Town of Simcoe |
| Area Minor | :Town of Simcoe |
| Postal Code | :
N3Y 4K3
|
| Directions | :Hwy 24 north of Hwy 3 on west side |
| Price | : $875,000 |
|---|---|
| Property Taxes | :$4058 |
| Tax Year | :2023 |
|---|
| Bedrooms | :7 + |
|---|---|
| Heating | :Fireplace(s) |
| Place of Worship | :No |
| Cross Street | :Concession 13 |
| Bathrooms | :4 |
|---|---|
| Approx Square Footage | :2858 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
11 Jun, 2024
TREB #40591589
Listed
$875000
