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2421 HIGHWAY 24
Simcoe Ontario N3Y4K3 Canada

$875,000

Active Listing ID 40591589
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7 bed
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2,858 square feet
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4.00 Bath
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Multi-family

$875,000

Active Listing ID 40591589
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2421 HIGHWAY 24 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Vinyl siding
  • Heating Systems: Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 6/18/2024 4:26:24 PM GMT
Source Updated Date: 12/21/2024 11:34:56 PM GMT

Courtesy of: Andy Tulloch, Salesperson, Century 21 Heritage House LTD