2421 HIGHWAY 24 Town of Simcoe, Simcoe, Ontario, CA

Address: 2421 HIGHWAY 24, Simcoe, Ontario

7 Beds4 Baths2858 sqftStatus: Buy
Price $875,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2858 sqft
Subdivision Name
Town of Simcoe
Title
Freehold
Land Size
1.86 ac|1/2 - 1.99 acres
Built in
1950
Parking Type
Attached Garage
Building
Bathrooms
Total
7
Interior Features
Basement Type
None
Building Features
Features
Backs on greenbelt, Crushed stone driveway
Foundation Type
Brick
Square Footage
2858 sqft
Rental Equipment
Water Heater
Fire Protection
Alarm system
Heating & Cooling
Cooling
None
Utilities
Utility Sewer
Septic System
Water
Well
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Schools
Parking
Parking Type
Attached Garage
Total Parking Spaces
8
Land
Other Property Information
Zoning Description
A, HL
Features
           Backs on greenbelt            Crushed stone driveway            Attached Garage
           None
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Your Home Finance Calculation

Property Price CA $875,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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