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107 days on Market

145 Norfolk St, Simcoe, Ontario N3Y 2W2

$820,000
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Townhouse
-
6
~4282 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$191/sqft

Est. Mortgage$3,522/mo

Tax Amount (2024)$3,958/yr

Days On Market107 days


Description

Prime Investment Opportunity in Downtown Simcoe!. Discover the perfect blend of modern living and investment potential with this exceptional 6-Plex property in the heart of Simcoe. Nestled in a highly desirable downtown location, this multi-residential gem offers easy access to charming shops, essential services, and the scenic walking trails along the Lynn River. Property Highlights: 6 Units: A balanced mix of updated and well-maintained units, with 4 recently renovated to meet the demands of today’s renters; Parking: Ample parking options with both street and onsite availability, ensuring convenience for tenants. Prime Location: Steps away from everything downtown Simcoe has to offer, making it a magnet for prospective tenants seeking lifestyle and convenience. This property isn’t just about its current appeal—it’s a gateway to the thriving multi-residential market. As demand for quality rental units continues to rise in Simcoe, this 6-plex offers a stable and growing income stream. With four units already upgraded, the heavy lifting is done, allowing you to focus on maximizing returns. The mix of updated units ensures strong rental rates, while the unbeatable location guarantees high occupancy and low turnover. Capitalize on the increasing value of multi-residential properties in this vibrant community. Whether you’re a seasoned investor or looking to expand your portfolio, this 6-plex is a strategic addition that promises long-term growth and stability. Don’t miss out on this rare opportunity to secure a property with excellent potential in one of Simcoe’s most sought-after areas.


Property Details

StyleResidential Income
View-
Age of property1885
SqFt~4282 SqFt
Lot Size6,794 SqFt(109.77 x 61.9)
Parking Spaces6
MLS ®Number40629474
Community NameNorfolk County
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Basement: Partial, Unfinished

Features

Lot size: 6,794 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Now
ListedFor Salefor$820,000Active
107 days on market
Listing by itso®
history photo preview33
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Property listed by RE/MAX ERIE SHORES REALTY INC. BROKERAGE, Brokerage
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