$498,000

Investment For Sale In Simcoe, Ontario

$498,000

Property Information:

Attention investors! Rare opportunity to purchase both sides of a semi-detached property together as one package. Each side is a separate property, offering potential for investors, multi-generational living, or future resale as individual units. This fully rented fourplex offers immediate cash flow and is an excellent addition to any real estate portfolio. Each unit features 1 bedroom, a full kitchen, and a 4-piece bathroom, providing comfortable living accommodations for tenants. The property offers ample parking for all units, making it highly desirable for renters. An on-site laundry facility adds convenience, while the detached garage provides valuable storage space for equipment, maintenance supplies, or personal belongings. Ideally located close to shopping, schools, restaurants, and other amenities in the heart of Simcoe, this income-producing property combines strong rental appeal with long-term investment potential. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others this is an opportunity you won't want to miss! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Metal, Vinyl siding
  • Floor Space: 2600 sqft
  • Heating Type: Baseboard heaters, Forced air, Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 4
  • Amenities Nearby: Golf Nearby, Public Transit, Schools, Shopping
  • Features: Crushed stone driveway, Laundry- Coin operated
  • Floor Space (approx): 2600 Square Feet
  • Lot Depth: 133 Feet
  • Lot Frontage: 65 Feet
  • Zoning: R2
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 8

Courtesy of: Royal LePage Trius Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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