2421 HIGHWAY 24 Simcoe
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  • 2421 HIGHWAY 24 Simcoe
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2421 HIGHWAY 24, Simcoe, Ontario

$875,000

  • 7 Beds
  • 4 Baths
  • 2,858 Square Feet

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:56241)

  • Listing ID: 40591589
  • Property Type: Multi-family
  • Year Built: 1950
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Details

  • Amenities Nearby: Schools
  • Community Features: High Traffic Area
  • Equipment: Water Heater
  • Features: Backs on greenbelt, Crushed stone driveway
  • Ownership: Freehold
  • Parking Spaces: 8
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: A, HL

Building

  • BasementType: None
  • Constructed Date: 1950
  • Cooling: None
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Alarm system
  • Foundation: Brick
  • Bathrooms (Total): 4
  • Heating Fuel: Natural gas
  • Size Interior: 2858 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Well

Land

  • Access Type: Road access
  • Acreage: true
  • Amenities: Schools
  • Sewer: Septic System
  • Size Frontage: 97 ft
  • Size Irregular: 1.86
  • Size Total: 1.86 ac|1/2 - 1.99 acres
MLS®

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2421 HIGHWAY 24 in Simcoe Ontario. It was last modified on June 11th, 2024. Contact us to schedule a viewing or to discover other Simcoe real estate for sale.

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