$875,000 $4,697 est/mo Sourced by Back At You
2421 Highway 24 , Simcoe, ON N3Y 4K3
Simcoe, ON N3Y 4K3
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.
Details
| MLS# | 40591589 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 119 |
| Listing Provided By | Century 21 Heritage House LTD | Andy Tulloch |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,858 |
| Garage | 1 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | A, HL |
| Acreage | 1.86 |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Norfolk |
| City | Simcoe |
| Postal Code | N3Y 4K3 |
| Area | Town of Simcoe |
| Subarea | Town of Simcoe |
| Community Name | Town of Simcoe |
| Listing VS Median (in Town of Simcoe) | |
Price: $875,000 low | high Med: $649,900 SqFt: 2,858 low | high Med: 2,620 $ / SqFt: $306 low | high Med: $284 On Site: 119 low | high Med: 121.000000 | |
Listing Updated: June 12, 2024 at 8:44:15 AM PDT