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6
BEDROOMS4
BATHROOMS4
KITCHENS14
ROOMSX10408685
MLSIDContact Us
Property Description
ANNUAL INCOME OF $74,400 with a 7.8 cap rate! This turn-key, low maintenance, cash flowing Fourplex located in Simcoe is on a double lot with plenty of parking. A++ tenants with spacious units and each unit has it's own hydro meter. This building has an extensive list of new updates and renovations throughout the interior and exterior. Many upgrades including roof (2020), electrical (2019), plumbing (2017). Additional income with coin- op laundry. Located in the heart of Simcoe close to all amenities including the Norfolk Golf Club and Port Dover. Don't miss out on this great opportunity!
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Property Features
Hospital, Library, Park, Place Of Worship, School
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Property Details
Street
Community
City
Property Type
Fourplex, 2-Storey
Lot Size
67' x 124'
Acreage
< .50
Fronting
North
Taxes
$3,800 (2023)
Basement
Part Bsmt
Exterior
Concrete, Wood
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Other
Water
Municipal
Parking Spaces
6
Driveway
Other
Garage Type
None
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Listing contracted with Royal Lepage Triland Realty
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