Size
-
Lot size
924.66 sqm
Street frontage
E
Possession
2024-04-21 00:
Price per sqm
$1,882 - $2,692
Taxes
$3,234.73 (2023)
Parking Type
-
Style
2-Storey
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Description
Welcome to this fantastic investment opportunity in Simcoe, ON with close proximity to grocery stores and amenities! This 4plex offers a mix of units including one spacious 3-bedroom and three cozy 1-bedroom units. Boasting strong rental income and low expenses, this property is listed at a 7.2 cap, making it a lucrative investment. Each unit has been thoughtfully renovated over the last couple years, featuring updated electrical, plumbing, new appliances, and all new finishes. The property offers separate gas, hydro, and water meters - keeping the expenses low for the new owner. Additional features include a durable metal roof and ample parking with space for five vehicles. The current tenants are reliable, making this a hassle-free investment opportunity. Don't miss out on the chance to own this well-maintained and income-generating property in Simcoe!
EXTRAS:
EXTRAS:
Broker: BLUE FOREST REALTY INC.
MLS®#: X8167888
Property details
Parking:
5
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
325-465 sqm
Lot front:
19.81 M
Lot depth:
46.63 M
Listed on:
Mar 23, 2024
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