2421 Highway 24, Simcoe, Ont, N3Y 4K3 $875,000

(519) 757 7042

Generating Captcha

7 Bedroom 4 Bathroom 2858 sqft
None Acreage


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


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


Attached Garage


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