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$ 399,000
Est. payment /mo
New
203 GROVE STREET Norfolk (simcoe), ON N3Y1K5
3 Beds
2 Baths
1,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $362
Subdivision Simcoe
MLS® Listing ID X12241155
Bedrooms 3
Source London and St. Thomas Association of REALTORS®
Property Description
***DUPLEX*** PRICED TO SELL - This two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants offering 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. Tenants are currently on month-month basis and would require 2 months notice if the buyer wanted the property as their residence. Laundry is located in the lower level walk down with separate side door to basement. Metal Roof offers longevity. 200 amp panel. This Duplex offers separate hydro, separate gas and separate water meters, no A/C, Forced Air Gas Heat, 6 car parking lot, close to all amenities. Water heater 8-10 yrs old. Added photos to show empty prior to tenants. 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. Invest in your future. Schedule a viewing today! Please allow 24hr notice for showings (id:24570)
Location
State 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 2
Extra Room 4 Second level 3.05 m X 2.74 m Bedroom 3
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 Family 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
Listed by EXP REALTY