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$829,900
Status: For Sale
Impressive 7.7% Cap Rate! 10% VTB available for an approved buyer, plus free property management for 1 year! Don't miss this fantastic investment in Simcoe, ON, with close proximity to grocery stores and amenities. This 4plex includes one spacious 3-bedroom and three 1-bedroom units. With strong rental income and low expenses, this property is a lucrative investment. Each unit has been thoughtfully renovated over the last couple of years with updated electrical, plumbing, new appliances, and modern finishes. The property features separate gas, hydro, and water meters - keeping expenses low for the new owner. Additional highlights include a durable metal roof and ample parking for five vehicles. With reliable tenants already in place, this is a hassle-free investment. Act now to secure this well-maintained, income-generating property in Simcoe!
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40640716 |
| Listing Type | :Sale |
| Property Age | :Unknown Years |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (57 Days ago) |
| Source | :Simcoe |
| Area | :Norfolk |
|---|---|
| City | :Simcoe |
| Area Major | :Town of Simcoe |
| Area Minor | :Town of Simcoe |
| Postal Code | :
N3Y 2Z2
|
| Directions | :Talbot St & West St |
| Price | : $829,900 |
|---|---|
| Property Taxes | :$3234 |
| Tax Year | :2023 |
|---|
| Bedrooms | :5 + |
|---|---|
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Bathrooms | :3 |
|---|---|
| Approx Square Footage | :2661 sqft |
26 Sep, 2024
TREB #40640716
Listed
$829900
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