➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
6
BEDROOMS4
BATHROOMS4
KITCHENS14
ROOMSX9283484
MLSIDContact Us
Property Description
Impressive 8.19% Cap Rate, $73,200 in gross annual income! Don't miss this fantastic investment opportunity in Simcoe, ON, with close proximity to grocery stores and amenities. This 4plex includes one spacious 3-bedroom and three 1-bedroom units. With strong rental income and low expenses, this property is a lucrative investment. Each unit has been thoughtfully renovated over the last couple of years with updated electrical, plumbing, new appliances, and modern finishes. The property features separate gas, hydro, and water meters keeping expenses low for the new owner. Additional highlights include a durable metal roof and ample parking for five vehicles. With reliable tenants already in place, this is a hassle-free investment. Act now to secure this well-maintained, income-generating property in Simcoe!
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-23 | 2024-08-30 | 99 | $850,000 | - | Terminated |
| 2024-03-23 | 2024-05-24 | 62 | $875,000 | - | Terminated |
Call
Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
65' x 153'
Fronting
North
Taxes
$3,234 (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
Call
Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.83' x 17.98' |
Call
Listing contracted with Blue Forest Realty Inc.
Similar Listings
Recently updated and well maintained triplex for sale in a quiet location, complete with a detached garage. Full leased to good tenants who are in good standing. All units have been completed renovated in the past five years with all new kitchens, bathrooms, flooring, fixtures, furnaces, water heaters, in-suite laundry facilities including the washers, dryers and all major appliances. Separately metered gas, water/wastewater & hydro. New staircase to units 2& 3. Deep backyard with plenty of parking on both sides of the home. Book a viewing and take advantage of this turn-key offering.
Call
Call