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Simcoe,ON N3Y 4K3
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,858 sqft
Price per Sqft $306
MLS Listing ID 40591589
Bedrooms 7
Abv Grd Liv Area 2,858
Originating Board Brantford
Year Built 1950
Annual Tax Amount $4,058
Lot Size 1.860 Acres
Acres 1.86
Property 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.
Location
Province ON
County Norfolk
Area Town Of Simcoe
Zoning A, HL
Direction Hwy 24 north of Hwy 3 on west side
Rooms
Other Rooms None
Basement None
Kitchen 0
Interior
Interior Features Separate Heating Controls,Separate Hydro Meters
Heating Fireplace(s),Natural Gas
Cooling None
Fireplace Yes
Appliance Refrigerator,Stove
Laundry In-Suite
Exterior
Exterior Feature Backs on Greenbelt,Separate Hydro Meters
Garage Attached Garage,Gravel
Garage Spaces 1.0
Waterfront No
Roof Type Metal
Street Surface Paved
Porch Deck
Lot Frontage 97.18
Lot Depth 518.6
Parking Type Attached Garage,Gravel
Garage No
Building
Lot Description Business Centre,City Lot,High Traffic Area,Schools
Faces Hwy 24 north of Hwy 3 on west side
Story 2
Foundation Brick/Mortar
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 501870018
Ownership Freehold/None