7 Bedroom
4 Bathroom
2858 sqft
None
Acreage
$875,000
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:51992)
Property Details
|
MLS® Number
|
40591589 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Schools |
|
Community Features
|
High Traffic Area |
|
Equipment Type
|
Water Heater |
|
Features
|
Backs On Greenbelt, Crushed Stone Driveway |
|
Parking Space Total
|
8 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Total
|
7 |
|
Basement Type
|
None |
|
Constructed Date
|
1950 |
|
Cooling Type
|
None |
|
Exterior Finish
|
Vinyl Siding |
|
Fire Protection
|
Alarm System |
|
Foundation Type
|
Brick |
|
Heating Fuel
|
Natural Gas |
|
Stories Total
|
2 |
|
Size Interior
|
2858 Sqft |
|
Type
|
Fourplex |
|
Utility Water
|
Well |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
Yes |
|
Land Amenities
|
Schools |
|
Sewer
|
Septic System |
|
Size Depth
|
519 Ft |
|
Size Frontage
|
97 Ft |
|
Size Irregular
|
1.86 |
|
Size Total
|
1.86 Ac|1/2 - 1.99 Acres |
|
Size Total Text
|
1.86 Ac|1/2 - 1.99 Acres |
|
Zoning Description
|
A, Hl |
