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$875,000
Status: OFF MARKET
Incredible Opportunity! This low maintenance, cash flowing, purpose- built fourplex in Simcoe is an amazing buy! Great addition to your investment portfolio with a 7.3 cap rate bringing in over $72,000 in rental income with low expenses. This building has an extensive list of recent updates: Eavestrough (2020), windows (2021), updated unit renovations with quality finishes (2020-2023), Ductless mini split heat pump/ACs (2019), Furnaces (2020). Fully rented to high-quality A+ tenants that pay their own utilities. Each unit has their own laundry, parking spot, separate entry, hydro and water meter. 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 85 Kent.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8382466 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :29 May, 2024 (178 Days ago) |
| Source | :TRREB |
| Area | :Norfolk |
|---|---|
| Postal Code | :
N3Y 3S4
|
| Price | : $875,000 |
|---|---|
| Property Taxes | :$3248.00 |
| Tax Year | :2021 |
|---|
| Cross Street | :Young |
|---|
29 May, 2024
TREB #X8382466
Available
$875000.0
