Size
-
Lot size
924.57 sqm
Street frontage
N
Possession
-
Price per sqm
$3,360
Taxes
$3,234 (2023)
Parking Type
-
Style
-
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Description
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!
Broker: Blue Forest Realty Inc.
MLS®#: 40640716
Property details
Parking:
5
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
-
MLS Size:
247 sqm
Lot front:
19.81 M
Lot depth:
46.63 M
Listed on:
Aug 28, 2024
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Instant estimate:
Not Available
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