Welcome to this fantastic investment opportunity in Simcoe, ON with close proximity to grocery stores and amenities! This 4plex offers a mix of units including one spacious 3-bedroom and three cozy 1-bedroom units. Boasting strong rental income and low expenses, this property is listed at a 7.2 cap, making it a lucrative investment. Each unit has been thoughtfully renovated over the last couple years, featuring updated electrical, plumbing, new appliances, and all new finishes. The property offers separate gas, hydro, and water meters - keeping the expenses low for the new owner. Additional features include a durable metal roof and ample parking with space for five vehicles. The current tenants are reliable, making this a hassle-free investment opportunity. Don't miss out on the chance to own this well-maintained and income-generating property in Simcoe!
Virtual Tour: https://risingphoenixrealestatemedia.view.property/2226284
Last updated on : Thursday 25th of April 2024 01:40:23 PM
Street : 32 TALBOT Street S
City : Simcoe
Province : Ontario
Country : Canada
Postal Code : N3Y2Z2
Property ID : 40560094
Building Type : Fourplex
Property Type : Multi-family
Bedrooms : 6
Bathrooms : 4
Parking : 5