2421 Highway 24, Simcoe, Ontario

$875,000

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7

Beds

4

Baths

2,858

Square feet

1.86

Acres

About 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:36535)

Features of 2421 Highway 24

Listing # 40591589
Price $875,000
Bedrooms 7
Bathrooms 4.00
Square Footage 2,858
Acres 1.86
Year Built 1950
Type Multi-family
Sub-Type Freehold

Community Information

Address 2421 Highway 24
Subdivision Town of Simcoe
City Simcoe
Province Ontario
Postal Code N3Y4K3

Amenities

Amenities Schools
Features Backs on greenbelt, Crushed stone driveway
Parking Spaces 8
Parking Attached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Natural gas
Cooling None
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Vinyl siding
Foundation Brick

Listing Details

OfficeCourtesy Of Andy Tulloch Of Century 21 Heritage House LTD

Listing Map