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$800,000
Status: For Sale
ANNUAL INCOME OF $74,400 with a 7.8 cap rate! This turn-key, low maintenance, cash flowing Fourplex located in Simcoe is on a double lot with plenty of parking. 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 opportunity!
| Property Type | :Residential |
|---|---|
| MLS Number | :X10408685 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :05 Nov, 2024 (16 Days ago) |
| Source | :TRREB |
| Area | :Norfolk |
|---|---|
| Postal Code | :
N3Y 3S4
|
| Price | : $800,000 |
|---|---|
| Property Taxes | :$3800.00 |
| Tax Year | :2023 |
|---|
| Bedrooms | :6 + |
|---|---|
| No. of Rooms | :14 |
| Air Conditioning | :Other |
| Heating | :Heat Pump |
| Place of Worship | :No |
| Cross Street | :Young and Kent St N |
| Bathrooms | :4 |
|---|---|
| Fuel | :Other |
| Exterior Finish | :Concrete, Wood |
|---|---|
| Parking Space | :6 |
| Basement | :Part Bsmt |
| Garage | :None |
|---|---|
| Park | :Park |
| Library | :Library |
05 Nov, 2024
TREB #X10408685
Listed
$800000.0
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