203 Grove ST new Save Request In-Person Tour Request Virtual Tour
Norfolk,ON N3Y 1K5
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Simcoe
MLS Listing ID X12186332
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,158
Tax Year 2024
Property Sub-Type Duplex
Property Description
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!
Location
Province ON
County Norfolk
Community Simcoe
Area Norfolk
Zoning R2
Rooms
Basement Unfinished
Kitchen 2
Interior
Interior Features Carpet Free,Separate Hydro Meter,Separate Heating Controls,Water Heater Owned
Cooling None
Inclusions Washer, Dryer, 1x Fridge on main floor, 2x stoves (both floors)
Exterior
Exterior Feature Porch
Parking Features None
Pool None
Roof Type Metal
Total Parking Spaces 6
Building
Foundation Concrete