145 Norfolk Street S new Save Request In-Person Tour Request Virtual Tour
Simcoe,ON N3Y 2W2
Key Details
Property Type Multi-Family
Sub Type Multi-6-9 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 4,282 sqft
Price per Sqft $182
MLS Listing ID 40687032
Bedrooms 6
Abv Grd Liv Area 4,282
Originating Board Simcoe
Year Built 1885
Annual Tax Amount $4,209
Property 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.
Location
Province ON
County Norfolk
Area Town Of Simcoe
Zoning CBD
Direction From Corner of Highway 24/Norfolk St and Highway 3/Queensway: Head south on Hwy 24/Norfolk St through downtown to Victoria St. Home is on corner. Free street parking on both sides of Norfolk St.
Rooms
Other Rooms Shed(s)
Basement Partial,Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Appliance Refrigerator,Stove
Laundry In-Suite
Exterior
Parking Features Mutual/Shared
Waterfront Description Lake/Pond
Roof Type Metal
Street Surface Paved
Porch Porch
Lot Frontage 61.9
Lot Depth 109.77
Garage No
Building
Lot Description Rectangular,City Lot,Hospital,Library,Park,Public Parking,Public Transit,Rec./Community Centre,Shopping Nearby,Trails
Faces From Corner of Highway 24/Norfolk St and Highway 3/Queensway: Head south on Hwy 24/Norfolk St through downtown to Victoria St. Home is on corner. Free street parking on both sides of Norfolk St.
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Schools
Elementary Schools Lynndale Heights/St. Joseph'S
High Schools Simcoe Composite School/Holy Trinity High School
Others
Senior Community No
Tax ID 502350141
Ownership Freehold/None