Impressive 8.19% Cap Rate, $73,200 in gross annual income! Don't miss this fantastic investment opportunity in Simcoe, ON, with close proximity to grocery stores and amenities. This 4plex includes one spacious 3-bedroom and three 1-bedroom units. With strong rental income and low expenses, this property is a lucrative investment. Each unit has been thoughtfully renovated over the last couple of years with updated electrical, plumbing, new appliances, and modern finishes. The property features separate gas, hydro, and water meters keeping expenses low for the new owner. Additional highlights include a durable metal roof and ample parking for five vehicles. With reliable tenants already in place, this is a hassle-free investment. Act now to secure this well-maintained, income-generating property in Simcoe!
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Public record
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Last updated by owner on Aug 9, 2023.
Property details
Public facts
Beds: —
Baths: —
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Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
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Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.6km
École Élémentaire Catholique Sainte-Marie-Simcoe
Public, JK-8 • Assigned
0.6km
Simcoe Composite School
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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