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BEDROOMS4
BATHROOMS4
KITCHENS14
ROOMSX8167888
MLSIDContact Us
Property 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!
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Property Details
Street
Community
City
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
65' x 153'
Fronting
East
Taxes
$3,235 (2023)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Available
Garage Type
None
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Listing contracted with Blue Forest Realty Inc.
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