| Bathrooms4 | Bedrooms6 |
| Property TypeMulti-family |
|
Seller willing to hold up to $50,000 VTB for an approved buyer (First year 0% interest, second year 10% interest), FREE property management for 1 year, and 1 unit (1 bedroom) vacant for July 1st! Welcome to this fantastic investment opportunity in Simcoe, ON with close proximity to grocery stores and amenities! This 4plex offers a mix of units including one spacious 3-bedroom and three cozy 1-bedroom units. Boasting strong rental income and low expenses, this property is listed at a 7.4 cap, making it a lucrative investment. Each unit has been thoughtfully renovated over the last couple years, featuring updated electrical, plumbing, new appliances, and all new finishes. The property offers separate gas, hydro, and water meters - keeping the expenses low for the new owner. Additional features include a durable metal roof and ample parking with space for five vehicles. The current tenants are reliable, making this a hassle-free investment opportunity. Don't miss out on the chance to own this well-maintained and income-generating property in Simcoe! (id:15271) |
| Parking Spaces5 | TransactionFor sale |
| Zoning DescriptionR3 |
| Bedrooms Main level6 | AppliancesWater Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer |
| Basement DevelopmentUnfinished | BasementN/A (Unfinished) |
| CoolingCentral air conditioning | Exterior FinishVinyl siding |
| FoundationBlock, Brick, Poured Concrete | Bathrooms (Total)4 |
| Heating FuelNatural gas | HeatingForced air |
| Storeys Total2 | TypeOther |
| Utility WaterMunicipal water |
| Size Frontage65 ft | SewerSanitary sewer |
| Size Depth153 ft | Size Irregular65.05 x 153 FT |
| Level | Type | Dimensions |
|---|---|---|
| Main level | Kitchen | 5.48 m x 3.91 m |
Listing Office: BLUE FOREST REALTY INC.
Data Provided by London and St. Thomas Association of REALTORS®
Last Modified :02/08/2024 03:20:46 PM
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