$ 875,000
2421 HIGHWAY 24 Simcoe, ON N3Y4K3
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$ 875,000
Est. payment | /mo
7 Beds
4 Baths
2,858 SqFt
$ 875,000
Est. payment | /mo
7 Beds
4 Baths
2,858 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
Listed by Century 21 Heritage House LTD
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Andy Katoch
Agent | License ID: LDKATOCAN