283 CEDAR Street, Simcoe, Ontario, N3Y2J1
Great legal triplex investment property for the seasoned investor or if it's your first step into the investment market. There are two 2 bedroom units, and one 3 bedroom unit. The units have had upgrades completed on them over the last few years and are currently fully tenanted. All units are separately metered for all utilities and the tenants are responsible for all utility payments. Gross income is just over $30,000/year. Current rents are $750.00, $850.00 and $950.00 per month/plus all utilities. Conveniently located within walking distance to downtown, this property is close to restaurants, shopping, schools, parks and more. (id:2471)
- Property Address: 283 CEDAR Street, Simcoe, Ontario, N3Y2J1
- Property Type: Multi-family
- Zoning Description: Res
- Title: Freehold
- Acreage: under 1/2 acre
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Total Parking Spaces: 5
- Amenities Nearby: Park, Public Transit, Schools
- Structure Style: Triplex
- Style: Detached
- Storeys: 2
- Floor Space: 2700
- Basement Type: Full (Finished)
- Heating Type: Natural gas, Forced air
- Cooling: None
- Exterior Type: Aluminum siding
- Foundation Type: Poured Concrete
- Crushed stone driveway
- Community Centre
Listing Office: RE/MAX ERIE SHORES REALTY INC BROKERAGE
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