2421 Highway 24 Simcoe, ON N3Y 4K3
Listing Courtesy of: ITSO / Century 21 Heritage House Ltd. Brokerage / Andy Tulloch

  2421 Highway 24 Simcoe, ON N3Y 4K3

Active (151 Days)
$875,000
7
BED
4
BATH
2,858
SQFT

Description

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.

MLS®:
40591589
Taxes
$4,058
Lot Size
1.86 acres
Type
Multifamily
Year Built
1950
County
Norfolk County

Listed By

Andy Tulloch, Century 21 Heritage House Ltd. Brokerage
Source
ITSO
Last checked Nov 6 2024 at 5:57 AM EST
Bathroom Details
Interior Features
  • Stove
  • Refrigerator
  • Laundry: In-Suite
  • Separate Hydro Meters
  • Separate Heating Controls
Lot Information
  • Schools
  • High Traffic Area
  • City Lot
  • Business Centre
Property Features
  • Foundation: Brick/Mortar
Heating and Cooling
  • Natural Gas
  • Fireplace(s)
  • None
Exterior Features
  • Roof: Metal
Utility Information
  • Sewer: Septic Tank
Parking
  • Total: 8
  • Gravel
  • Attached Garage
Stories
  • 2
Living Area
  • 2,858 sqft
Location
   
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 11/5/24 21:57