Overview
- Updated On:
- January 31, 2025
- 7 Bedrooms
- 4 Bathrooms
- 2,858 ft2
Description
Investors. This turn-key, low maintenance, cash flowing Four-plex is located near the heart of Simcoe. Close to shopping, dining, and entertainment. Cap Rate of 7.09. Built in 1950, unit is situated on a 2.12 acre parcel backing onto scenic fields. Lots of parking in front. 4 spacious are fully rented to A+ tenants units and each unit pays it’s own hydro and gas meter. This building has an extensive list of new updates and renovations throughout the interior and exterior. 1-3 Bedroom unit, 1-1 Bedroom unit, 1-1+Den unit, and 1-2 Bedroom unit.
Address: 2421 Highway 24, Simcoe ON N3Y 4K3
City: Simcoe
State/County: Norfolk
Zip: N3Y 4K3
Country: CA
Open In Google Maps Property Id : 1833899
Price: $ 875,000
Property Size: 2,858 ft2
Property Lot Size: 2 ft2
Bedrooms: 7
Bathrooms: 4
Outdoor Details
Garage Attached
Other Features
Backs on Greenbelt
Has Fireplace
Has Heating System
Open Parking
Refrigerator
Separate Heating Controls
Separate Hydro Meters
Stove
$ 3,392.55
per month- Principal and Interest
- Property Tax
- HOA fee
$ 3,392.55
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