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:52373)
| MLS® Number | X12186332 |
| Property Type | Multi-family |
| Community Name | Simcoe |
| Features | Carpet Free |
| Parking Space Total | 6 |
| Structure | Porch |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 49 Ft ,9 In |
| Size Frontage | 72 Ft ,6 In |
| Size Irregular | 72.5 X 49.8 Ft |
| Size Total Text | 72.5 X 49.8 Ft|under 1/2 Acre |
| Zoning Description | R2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 7.01 m | 3.35 m | 7.01 m x 3.35 m |
| Second Level | Bathroom | 2.13 m | 1.83 m | 2.13 m x 1.83 m |
| Second Level | Bedroom | 3.05 m | 2.74 m | 3.05 m x 2.74 m |
| Second Level | Bedroom 2 | 3.05 m | 2.74 m | 3.05 m x 2.74 m |
| Main Level | Kitchen | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
| Main Level | Living Room | 3.66 m | 3.35 m | 3.66 m x 3.35 m |
| Main Level | Bedroom | 3.35 m | 2.44 m | 3.35 m x 2.44 m |
| Main Level | Bathroom | 2.44 m | 1.83 m | 2.44 m x 1.83 m |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28395602/203-grove-street-norfolk-simcoe-simcoe
Contact us for more information
Stacey Crechiola
Salesperson
(866) 530-7737
Alan Elbardisy
Broker
(866) 530-7737
Richard Duggal
Salesperson
(866) 530-7737
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