252 Robinson Street Norfolk, Ontario N3Y 1X5

4 Bedroom 2 Bathroom 1,500 - 2,000 ft2
Fireplace Central Air Conditioning Forced Air

$599,000

Over 9% Caprate, Cashflow Positive, Duplex + Large Empty Lot Area Under-Going Severance to Separate to TWO Lots with Dimension 70x64 Feet and 45x70 Feet, with the Second Lot Having a Proposed Residential Dwelling, Huge Value! 2-Storey Large Home with Two 2 Bedroom, 1 Bathroom Units, Both Units Above Grade + Unfinished Basement Split in Half for Each Unit's Usage & Storage, All Utilities Are Separate, 2 Hydro Meters, 2 Water Meters, 2 Gas Meters. 2 Furnaces, 2 A/C Units, 2 Laundry Rooms, 2 100 Amp Electrical Panels, 2 Hot Water Tanks. Or You can Convert This into a Single Family Home with 4 Bedrooms & 2 Full Bathrooms for Your Large Family. Each Unit Has Their Own Un-Obstructed Driveway Entrance. Entire Property was Renovated with a City Permit in 2022, Almost Everything is New Including the Windows, Flooring, Stainless Steel Kitchen Appliances, Bathrooms, Shear Shades, Countertops, Doors, Baseboards, Drywall, Insulation, & More. The Basement Has Been Maintained and Structurally Fortified Over the Years. THREE Sources of Rental Income From Both Units + Directional Hospital Sign. Upper Unit is VACANT (Market Rent is $2,250 + Utilities), Ground Floor Unit is $2,250 + Utilities, and Hospital Pays $4,000/year for the Sign. Severing the Lot will Unlock $100k+ & More. Norfolk General Hospital is within Walking Steps. Also Within Walking Steps Include Elgin Avenue School, Food Basics, Giant Tiger, Simcoe Town Centre Shopping Mall, Trails, Parks & More. Don't Miss Out on this Ideal Duplex. A Solid & Amazing Investment to Add or Start with Your Portfolio. Living in One Unit & Renting the Other + Bonus From Selling Residential Severed Lot Would be Another Great Accelerated House-Hacking Idea. You Could Build the New Home on the Severed Lot Yourself! (id:56248)

Property Details

MLS® Number X12958240
Property Type Single Family
Community Name Simcoe
Amenities Near By Public Transit, Hospital, Schools
Community Features School Bus
Equipment Type Water Heater - Tankless, Water Heater
Features Carpet Free, Sump Pump
Parking Space Total 6
Rental Equipment Type Water Heater - Tankless, Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Age 100+ Years
Amenities Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater - Tankless, Water Heater, Dishwasher, Dryer, Microwave, Hood Fan, Two Stoves, Two Washers, Two Refrigerators
Basement Development Unfinished
Basement Features Separate Entrance
Basement Type Full, N/a (unfinished), N/a
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fireplace Present Yes
Fireplace Total 1
Foundation Type Stone, Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit, Hospital, Schools
Sewer Sanitary Sewer
Size Depth 109 Ft
Size Frontage 69 Ft
Size Irregular 69 X 109 Ft
Size Total Text 69 X 109 Ft
Zoning Description R2 (urban Residential Type 2)

Rooms

Level Type Dimensions
Second Level Laundry Room 1.65 m x 2.59 m
Second Level Living Room 4.65 m x 4.24 m
Second Level Bedroom 2.29 m x 4.01 m
Second Level Bedroom 2.26 m x 4.01 m
Second Level Kitchen 3.2 m x 3.3 m
Basement Utility Room 4.22 m x 4.5 m
Basement Workshop 4.47 m x 5.51 m
Main Level Living Room 4.42 m x 4.67 m
Main Level Bedroom 4.04 m x 2.44 m
Main Level Bedroom 4.04 m x 2.44 m
Main Level Kitchen 4.67 m x 3.61 m
Main Level Laundry Room 3.3 m x 1.27 m
Main Level Foyer 1.27 m x 3.2 m

https://www.realtor.ca/real-estate/29559131/252-robinson-street-norfolk-simcoe-simcoe

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