7 Bedroom
4 Bathroom
2858 sqft
None
Acreage
$875,000
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. (id:56248)
Property Details
MLS® Number
|
40591589 |
Property Type
|
Multi-family |
AmenitiesNearBy
|
Schools |
CommunityFeatures
|
High Traffic Area |
EquipmentType
|
Water Heater |
Features
|
Backs On Greenbelt, Crushed Stone Driveway |
ParkingSpaceTotal
|
8 |
RentalEquipmentType
|
Water Heater |
Building
BathroomTotal
|
4 |
BedroomsTotal
|
7 |
BasementType
|
None |
ConstructedDate
|
1950 |
CoolingType
|
None |
ExteriorFinish
|
Vinyl Siding |
FireProtection
|
Alarm System |
FoundationType
|
Brick |
HeatingFuel
|
Natural Gas |
StoriesTotal
|
2 |
SizeInterior
|
2858 Sqft |
Type
|
Fourplex |
UtilityWater
|
Well |
Parking
Land
AccessType
|
Road Access |
Acreage
|
Yes |
LandAmenities
|
Schools |
Sewer
|
Septic System |
SizeDepth
|
519 Ft |
SizeFrontage
|
97 Ft |
SizeIrregular
|
1.86 |
SizeTotal
|
1.86 Ac|1/2 - 1.99 Acres |
SizeTotalText
|
1.86 Ac|1/2 - 1.99 Acres |
ZoningDescription
|
A, Hl |
https://www.realtor.ca/real-estate/27025328/2421-highway-24-simcoe