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$ 779,900
Est. payment | /mo
6 Beds
4 Baths
$ 779,900
Est. payment | /mo
6 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Simcoe
MLS Listing ID X12139457
Style 2-Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $3,800
Tax Year 2024
Property Sub-Type Fourplex
Property Description
ANNUAL INCOME OF $74,400 with a 7.8 cap rate! This turn-key, low maintenance, cash flowing Fourplex located in Simcoe is on a double lot with plenty of parking. A++ tenants with spacious units and each unit has it's own hydro meter. This building has an extensive list of new updates and renovations throughout the interior and exterior. Many upgrades including roof (2020), electrical (2019), plumbing (2017). Additional income with coin-op laundry. Located in the heart of Simcoe close to all amenities including the Norfolk Golf Club and Port Dover. Don't miss out on this great opportunity.
Location
Province ON
County Norfolk
Community Simcoe
Area Norfolk
Zoning RB
Rooms
Family Room No
Basement Partial Basement
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling Other
Inclusions 4 stoves, 4 dishwashers, 4 refrigerators, washer, dryer
Exterior
Parking Features Other
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.87
Lot Depth 124.17
Total Parking Spaces 6
Building
Foundation Poured Concrete
Others
Senior Community No
Listed by ROYAL LEPAGE TRILAND REALTY
LSV GROUP
Phone