$875,000
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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.
Property Info
MLS®:
X9247950
Listing Courtesy of
Century 21 Heritage House Ltd.
Total Bedrooms
7
Total Bathrooms
4
Floor Space
0 sq.ft.
Lot Size
50398 sq.ft.
Style
Bungalow
Last Updated
2024-08-09
Property Type
Multiplex
Listed Price
$875,000
Unit Pricing
$875,000/sq.ft.
Strata Fee
$
Tax Estimate
$4,058/Year
Interior Features
Rooms
More Details
Sold History
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