40 Patterson Street Simcoe, Ontario N3Y 1J2

3 Bedroom 2 Bathroom 1,462 sqft
None Baseboard Heaters, Forced Air

$349,000

Excellent income-generating opportunity in Simcoe! This 1½-storey vinyl-sided up & down duplex offers two self-contained units, each with its own hydro meter, making it an ideal addition to any investment portfolio. The lower unit features 2 bedrooms, an eat-in kitchen, a 4-piece bath, forced air natural gas heat, a window A/C unit, and a newer fridge & stove included. The upper unit offers 1 bedroom, an eat-in kitchen, a 4-piece bathroom, electric baseboard heat, and a fridge & stove included. Recent upgrades include updated plumbing and electrical, fresh interior and exterior paint, and new carpet in most areas — meaning less work and more peace of mind for a new owner. With a covered front porch, a covered side porch/mudroom, generous parking and yard space, and two storage sheds, this property checks all the boxes. Rent both units at market rent for strong cash flow or live in one and let the other help cover your mortgage. Quick closing available! (id:56248)

Property Details

MLS® Number 40863340
Property Type Multi-family
Amenities Near By Golf Nearby, Hospital, Park, Place Of Worship, Schools
Community Features Community Centre
Equipment Type Water Heater
Features Paved Driveway, Crushed Stone Driveway
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Shed, Porch

Building

Bathroom Total 2
Bedrooms Total 3
Appliances Window Coverings
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 1,462 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Open

Land

Acreage No
Land Amenities Golf Nearby, Hospital, Park, Place Of Worship, Schools
Sewer Municipal Sewage System
Size Depth 157 Ft
Size Frontage 35 Ft
Size Irregular 0.136
Size Total 0.136 Ac|under 1/2 Acre
Size Total Text 0.136 Ac|under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/30293630/40-patterson-street-simcoe

Your Favourites

 

No Favourites Found

 

THIS WEEKS OPEN HOUSES