Close to schools in 256 South, Simcoe

Welcome to a remarkable investment opportunity with this spacious 4-plex property for sale in Simcoe, Ontario! Priced at an appealing $799,900, this well-maintained building boasts approximately 3,000 square feet of living space, making it an ideal choice for investors seeking reliable rental income or homeowners looking to occupy one unit while benefiting from additional rental units. Built in 1969, this property combines classic charm with modern conveniences, ensuring comfort for all residents.

Prime Location in the Heart of Simcoe

Situated in the vibrant Town of Simcoe, this property is nestled in a community known for its friendly atmosphere and convenient amenities. Residents enjoy easy access to local shops, restaurants, and recreational facilities, making this a highly desirable location. The neighborhood is also well-connected to public transit, providing seamless access to surrounding areas. With two units on the main floor and two in the basement, this property offers versatility and potential for maximizing rental income.

Exceptional Features and Amenities

This 4-plex features four well-appointed two-bedroom apartments, each equipped with a living room, dining room, kitchen, and a 4-piece bathroom. Two of the units have undergone recent renovations, adding modern flair while maintaining the property’s classic brick and vinyl siding exterior. Additional highlights include separate hydro, gas, and water meters for each unit, ensuring convenience and autonomy for tenants. A heat pump and radiant heating provide efficient climate control year-round, enhancing the comfort of every resident.

The property also includes a coin-operated laundry facility, providing residents with added convenience. With a driveway leading to rear parking for up to five vehicles, parking woes are a thing of the past. The roof, replaced approximately 10 years ago, assures durability and reliability for years to come. As an added bonus, the seller is open to consider Vendor Take Back (VTB) financing options, providing potential buyers with flexibility in their investment strategy.

Now is the perfect time to seize this fantastic opportunity to own a property for sale in Simcoe that offers both comfort and investment potential. Whether you’re looking to expand your real estate portfolio or find your next home with rental income possibilities, this 4-plex has it all. Schedule a viewing today to experience the charm and convenience of this exceptional property. Don’t miss out on the chance to make this investment your own!