145 Norfolk Street S, Simcoe
- Bedrooms: 6
- Bathrooms: 6
- Living area: 4282 square feet
- Added: 103 days ago
- Updated: 102 days ago
- Last Checked: 22 hours ago
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. (id:1945)
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Property DetailsKey information about 145 Norfolk Street S
- Cooling: None
- Heating: Forced air, Natural gas
- Stories: 2
- Year Built: 1885
- Exterior Features: Brick
- Foundation Details: Poured Concrete
Interior FeaturesDiscover the interior design and amenities
- Basement: Unfinished, Partial
- Living Area: 4282
- Bedrooms Total: 6
- Above Grade Finished Area: 4282
- Above Grade Finished Area Units: square feet
- Below Grade Finished Area Units: square feet
- Above Grade Finished Area Source: Other
- Below Grade Finished Area Source: Other
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 145 Norfolk Street S
- Lot Features: Shared Driveway
- Water Source: Municipal water
- Parking Total: 6
Location & CommunityUnderstand the neighborhood and community
- Directions: 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.
- Common Interest: Freehold
- Street Dir Suffix: South
- Subdivision Name: Town of Simcoe
- Community Features: Community Centre
Utilities & SystemsReview utilities and system installations
- Sewer: Municipal sewage system
Tax & Legal InformationGet tax and legal details applicable to 145 Norfolk Street S
- Tax Annual Amount: 3958.3
- Zoning Description: CBD
Additional FeaturesExplore extra features and benefits
- Number Of Units Total: 6
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