2421 HIGHWAY 24 Active

Simcoe,ON N3Y4K3

$ 875000

7 Beds

4 Baths

2858 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,858 sqft

Price per Sqft $306

Subdivision Town Of Simcoe

MLS Listing ID 40591589

Bedrooms 7

Originating Board Brantford Regional Real Estate Assn Inc

Year Built 1950

Lot Size 1.860 Acres

Acres 81021.6

Property Description

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:24570)

Location

Province ON

Interior

Cooling None

Exterior

Garage Yes

Community Features High Traffic Area

Waterfront No

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Septic System

Others

Ownership Freehold

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