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Norfolk (simcoe),ON N3Y2Z2
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,499 sqft
Price per Sqft $228
Subdivision Simcoe
MLS Listing ID X9283484
Bedrooms 6
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Impressive 8.19% Cap Rate, $73,200 in gross annual income! Don't miss this fantastic investment opportunity in Simcoe, ON, with close proximity to grocery stores and amenities. This 4plex includes one spacious 3-bedroom and three 1-bedroom units. With strong rental income and low expenses, this property is a lucrative investment. Each unit has been thoughtfully renovated over the last couple of years with updated electrical, plumbing, new appliances, and modern finishes. The property features separate gas, hydro, and water meters keeping expenses low for the new owner. Additional highlights include a durable metal roof and ample parking for five vehicles. With reliable tenants already in place, this is a hassle-free investment. Act now to secure this well-maintained, income-generating property in Simcoe! (id:24570)
Location
Province ON
Rooms
Extra Room 1 Main level 5.48 m X 3.91 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Garage No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer