Ideal Simcoe Investment Opportunity. Extensively updated, extremely well maintained 4 plex in desired downtown Simcoe with positive cash flow and boasting a 6.17 % cap rate. All 4 units include 2 bedrooms & 1 bathroom, spacious eat in kitchen area, & large living rooms. Breakdown of rents is as follows: Apt 1 – $850, Apt 2 - $850, Apt 3 - $700, Apt 4 – $800. Tenants pay all of their own utilities. Upgrades include vinyl windows throughout, HE N/Gas furnace, blown in insulation, electrical service & wiring, refreshed front entry & porch, majority of kitchen cabinetry, mixture of premium flooring including hardwood, luxury vinyl, tile, & laminate throughout the various units, & decor. Close to parks, schools, shopping, & all downtown amenities. Truly must view to appreciate the attention to detail and pride of ownership of the current owner. Solid tenants who are all willing to stay. By appointment only viewings are permitted Wednesday’s 4-7pm or Saturday 10-2pm. A Tremendous Investment with no work to do. Call today to either start your real estate portfolio or to add a lucrative building to it! Shows Well!
Presented By: RE/MAX Escarpment Realty Inc