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:31697)
| MLS® Number | 40591589 |
| Property Type | Multi-family |
| Amenities Near By | Schools |
| Community Features | High Traffic Area |
| Equipment Type | Water Heater |
| Features | Backs On Greenbelt, Crushed Stone Driveway |
| Parking Space Total | 8 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 4 |
| Bedrooms Total | 7 |
| Basement Type | None |
| Constructed Date | 1950 |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Alarm System |
| Foundation Type | Brick |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 2858 Sqft |
| Type | Fourplex |
| Utility Water | Well |
| Attached Garage |
| Access Type | Road Access |
| Acreage | Yes |
| Land Amenities | Schools |
| Sewer | Septic System |
| Size Depth | 519 Ft |
| Size Frontage | 97 Ft |
| Size Irregular | 1.86 |
| Size Total | 1.86 Ac|1/2 - 1.99 Acres |
| Size Total Text | 1.86 Ac|1/2 - 1.99 Acres |
| Zoning Description | A, Hl |
https://www.realtor.ca/real-estate/27025328/2421-highway-24-simcoe
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