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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$238/sqft
Monthly cost
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Description
ANNUAL INCOME OF $74,400. This low maintenance, cash flowing Fourplex located in Simcoe has an impressive cap rate of 8.3%! Offering a 4 unit building situated on a double lot, the building features four spacious units, each with its own hydro meter and currently fully rented to high-quality A+ tenants. The property has undergone extensive renovations and updates, ensuring peace of mind for any investor. Key improvements include a new roof (2020), upgraded electrical (2019), and modern plumbing (2017). Additionally, there's potential for extra income with coin-operated laundry facilities on-site. Located in the heart of Simcoe, this Fourplex is conveniently close to local amenities, including the Norfolk Golf Club and is a quick drive to Port Dover. Don’t miss out on this fantastic investment opportunity—act quickly to secure your future!
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 6
Property History
23
