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2421 ON-24

ON-24, Norfolk County, ON, N3Y 4K3

7
Beds
4
Baths
2,858
Sq. Ft.
$875,000
List Price
Details
Photos
50
Comparables
History
2421 ON-24, Norfolk County, ON - 1 of 3
2421 ON-24, Norfolk County, ON - 2 of 3
2421 ON-24, Norfolk County, ON - 3 of 3
261 days on market

Quick Summary

  • Profitable cash-flowing four-plex
  • Convenient location near amenities
  • Spacious units with varied layouts
  • Extensive recent interior and exterior renovations
  • Ample parking on 2.12 acre parcel
  • Fully rented to reliable A+ tenants
  • Tenants pay own utilities
  • Scenic fields at the rear of property

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... Show More

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:54626)

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Property Details

Size

2,858 sq. ft.
across 2 floors
7 Beds
4 Baths
4 Full

Parking

8 Parking Spaces
Attached Garage

Lot

Size
1163′12″ * 6227′11″
Acres
-

Build

Year Built
1950
Model Name
-
Basement
-
Exterior
Vinyl siding
Foundation
Brick
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
-
Cooling
None

Utilities

Water
Well
Sewer
Septic System
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40591589
Last Updated
June 18, 2024
Brokerage
Century 21 Heritage House LTD
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Call us 800-591-0566

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