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:13843)
| MLS # | 40865427 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 28 |
| Listing Provided By | Royal LePage Trius Realty | Nuno Francisco |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,600 |
| Garage | 8 |
| Basement | Y |
| Story(s) | 2 |
| Units | 5 |
| Zoning | R2 |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Radiant heat, Forced air, Natural gas |
| Fireplace Yes / No | No |
| Lot Features | Crushed stone driveway, Laundry- Coin operated |
|---|
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 8 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4859.12 |
|---|
| Province | ON |
|---|---|
| City | Simcoe |
| Postal Code | N3Y1M4 |
| Community Name | Town of Simcoe |
| Listing VS Median (in Town of Simcoe) | |
Price: $498,000 low | high Med: $549,900 sqft: 2,600 low | high Med: 1,244 $ / sqft: $192 low | high Med: $442 On site: 28 low | high Med: 16 | |
| Province | ON |
|---|---|
| City | Simcoe |
| Postal Code | N3Y1M4 |
| Community Name | Town of Simcoe |
| Listing VS Median (in Town of Simcoe) | |
Price: $498,000 low | high Med: $549,900 sqft: 2,600 low | high Med: 1,244 $ / sqft: $192 low | high Med: $442 On site: 28 low | high Med: 16 | |