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:4069)
| Address |
2421 HIGHWAY 24 |
| List Price |
$875,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
Simcoe |
| Bedrooms |
7 |
| Bathrooms |
4 |
| Floor Area |
2,858 Sq. Ft. |
| Lot Size |
1.86 Sq. Ft. |
| Year Built |
1950 |
| MLS® Number |
40591589 |
| Listing Brokerage |
Century 21 Heritage House LTD
|
| Basement Area |
None |
| Postal Code |
N3Y4K3 |
| Zoning |
A, HL |
| Site Influences |
Schools |
| Features |
Backs on greenbelt, Crushed stone driveway |
