Size
-
Lot size
8303 sqft
Street frontage
-
Possession
90+ days
Price per sqft
$197 - $230
Taxes
$3,800 (2024)
Parking Type
-
Style
2-Storey
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Description
ANNUAL INCOME OF $74,400 with an 9.4 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.
Broker: ROYAL LEPAGE TRILAND REALTY
MLS®#: X12139457
Property details
Parking:
6
Parking type:
-
Property type:
Fourplex
Heating type:
Heat Pump
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
66 Ft
Lot depth:
124 Ft
Listed on:
May 10, 2025
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Instant estimate:
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$4,848
higher than listed pricei
High
$728,541
Mid
$693,848
Low
$659,156
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