203 GROVE STREET new

Norfolk (simcoe),ON N3Y1K5

$ 479900

3 Beds

2 Baths

1100 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $436

Subdivision Simcoe

MLS Listing ID X12186332

Bedrooms 3

Source London and St. Thomas Association of REALTORS®

Property Description

Positive ROI Investment Opportunity - Instant INCOME ***Duplex*** This stunning two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants who are eager to stay long-term, this property offers peace of mind and steady income. Situated on a large, mature corner lot in the heart of Simcoe, this versatile property offers the best of both worlds - whether you're looking for a prime investment or a place to call home. This Duplex offers separate hydro, gas and water meters, no A/C, forced air heat, 6 car parking lot, close to all amenities. Priced to sell, this is your chance to own a cash-flow-positive investment with incredible ROI potential. Do not miss out on this rare opportunity to add an already tenanted, income-generating property to your portfolio. Navigating todays market can be challenging, but this property makes it easier. Upper unit pays $1,300 + utilities, lower unit pays $1,200 + utilities, tenants are on a month to month plan currently. Invest in your future. Schedule a viewing today! (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 7.01 m X 3.35 m Kitchen

Extra Room 2 Second level 2.13 m X 1.83 m Bathroom

Extra Room 3 Second level 3.05 m X 2.74 m Bedroom

Extra Room 4 Second level 3.05 m X 2.74 m Bedroom 2

Extra Room 5 Main level 3.35 m X 3.35 m Kitchen

Extra Room 6 Main level 3.66 m X 3.35 m Living room

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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