Maximum 4 project can be compared at one go.
$875,000
Status: OFF MARKET
Incredible Opportunity! This turn-key, low maintenance, cash flowing Fourplex located in great location in Simcoe with a 7 cap rate bringing in an annual $72,000. Offering a well maintained 4 unit building situated on a double lot with lots of parking. Fully rented tohigh-quality A+ tenants with spacious units and each unit has it's own hydro meter. This building has an extensive list of new updates and renovations throughout the interior and exterior. Many upgrades including roof (2020), electrical (2019), plumbing (2017).Additional income with coin- op laundry. Located in the heart of Simcoe close to all amenities including the Norfolk Golf Club and Port Dover. Don't miss out on this great investment opportunity, act quick! Can be purchased together with 72 Kent.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40584140 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :07 May, 2024 (198 Days ago) |
| Source | :LSTAR |
| Area | :Norfolk |
|---|---|
| City | :Simcoe |
| Area Major | :Town of Simcoe |
| Area Minor | :Town of Simcoe |
| Postal Code | : N5Y 3S3 |
| Directions | :Union St to Kent St |
| Price | : $875,000 |
|---|---|
| Property Taxes | :$3800 |
| Tax Year | :2023 |
|---|
| Bedrooms | :6 + |
|---|---|
| Air Conditioning | :Ductless |
| Heating | :Heat Pump |
| Place of Worship | :No |
| Bathrooms | :4 |
|---|---|
| Approx Square Footage | :3079 sqft |
07 May, 2024
TREB #40584140
Listed
$875000
