2421 HIGHWAY 24

Simcoe, Ontario, N3Y4K3, Canada

$875,000

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.

EXTRAS: Backs on greenbelt, Crushed stone driveway

Virtual Tour: https://www.myvisuallistings.com/vt/347910

Last updated on : Tuesday 18th of June 2024 12:15:55 PM

ADDRESS

Street : 2421 HIGHWAY 24

City : Simcoe

Province : Ontario

Country : Canada

Postal Code : N3Y4K3

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PROPERTY SUMMARY

Property ID : 40591589

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 7

Bathrooms : 4

Parking : 8

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