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. (67616917)
Hwy 24 north of Hwy 3 on west side
Property Type
Multi-family
Subdivision Name
Town of Simcoe
Land Size
1.86 ac|1/2 - 1.99 acres
Annual Property Taxes
$4,058 (CAD)
Parking Type
Attached Garage
Time on REALTOR.ca
19 days
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