Quick Summary
Quick Summary
- Profitable 7.8% cap rate fourplex
- Spacious units with individual hydro
- Extensive interior and exterior updates
- Convenient location near amenities
- Double lot with ample parking
- Reliable A++ tenants
- Additional income from coin-op laundry
- Turn-key, low maintenance property
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.... Show More
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! (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Book A Private Showing
For Sale Nearby
Sold Nearby
- 5
- 4
- 1,500 - 2,000 Sq. Ft.
- 4
- 2
- 700 - 1,100 Sq. Ft.
- 3
- 1
- 3
- 2
- 4
- 3
- 2
- 1
- 5
- 2
- 4
- 2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.