2421 Highway 24 Simcoe, Ontario N3Y 4K3
MLS# 40591589 - Buy this house, and I'll buy Yours*

$875,000

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:51158)

Property Details

MLS® Number	40591589
Property Type	Multi-family
Amenities Near By	Schools
Community Features	High Traffic Area
Equipment Type	Water Heater
Features	Backs On Greenbelt, Crushed Stone Driveway
Parking Space Total	8
Rental Equipment Type	Water Heater

About 2421 Highway 24, Simcoe, Ontario

This For sale Property is located at 2421 Highway 24 Multi-family Fourplex, in the City of Simcoe. Nearby amenities include - Schools Multi-family has a total of 7 bedroom(s), and a total of 4 bath(s) . 2421 Highway 24 heating and None. This house features a Fireplace.

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This Simcoe Fourplex's exterior is finished with Vinyl siding. Also included on the property is a Attached Garage

The Current price for the property located at 2421 Highway 24, Simcoe is $875,000 and was listed on MLS on :2024-06-18 16:15:55

Building

Bathroom Total	4
Bedrooms Total	7
Basement Type	None
Constructed Date	1950
Cooling Type	None
Exterior Finish	Vinyl Siding
Fire Protection	Alarm System
Foundation Type	Brick
Heating Fuel	Natural Gas
Stories Total	2
Size Interior	2858 Sqft
Type	Fourplex
Utility Water	Well

Parking

Attached Garage

Land

Access Type	Road Access
Acreage	Yes
Land Amenities	Schools
Sewer	Septic System
Size Depth	519 Ft
Size Frontage	97 Ft
Size Irregular	1.86
Size Total	1.86 Ac|1/2 - 1.99 Acres
Size Total Text	1.86 Ac|1/2 - 1.99 Acres
Zoning Description	A, Hl

https://www.realtor.ca/real-estate/27025328/2421-highway-24-simcoe