property-description
Incredible Opportunity! This turn-key, low maintenance, cash flowing Fourplex located in great location in Simcoe with a 7 cap rate bringing in an annual $72,000. Offering a well maintained 4 unit building situated on a double lot with lots of parking. Fully rented to high-quality 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 investment opportunity, act quick! Can be purchased together with 72 Kent. (id:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $3,800Last Updated
: Fri, May 17, 2024Mls Num
: 40584140Listing Date
: May 7, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.105Sq Ft Raw
: detailsSection.sqftSub Division
: Town of Simcoe
detailsSection.headers.interiorFeatures
Heating
: Heat PumpBasement
: Unfinished, Partial
detailsSection.headers.utilities
Sewer
: Municipal sewage system
detailsSection.headers.other
Exterior Features
: Concrete, Wood
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