LOADING

2421 Highway 24 Simcoe, Ontario N3Y 4K3

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

Attached Garage

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

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