Name: 145 NORFOLK Street S, Simcoe | MLS® 40728209
SKU: 40728209
Price: 760000.0 CAD
Availability: InStock

$760,000 Sale

Listed 93 days ago

145 NORFOLK Street S

MLS® 40728209 Multi Family

Your request was received!

We'll be in touch soon to confirm the details.

Date:

Beds · 6

Baths · 6.0

Parking · 6

Sqft · 4282

Est. mortgage

$2,883/mo

Key Facts

Key facts for 145 NORFOLK Street S

Property Type

Apartment

Parking

Garage: No, 6 parking

MLS #

40728209

Size

4282 sqft

Basement

Unfinished, Partial (Unfinished)

Listed on

Lot size

Tax

Days on Market

Year Built

1885

Maintenance Fee

Description

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, essen...tial 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:10452)

Similar Properties (No results)

Mortgage Calculator

Calculate your estimated monthly mortgage payment

Price $760,000

Down payment

Interest rate

Amortization

Total cost of mortgage

Monthly payment

By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).

The accuracy and applicability of this calculator are not guaranteed.

Full Property Details

Interior

Bedrooms

Washrooms

6.0

Square Footage

4282 sqft

Basement

Unfinished

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

6.0

Square Footage

4282 sqft

Basement

Unfinished

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

CBD

Land Amenities

Hospital, Park, Public Transit, Shopping

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

CBD

Land Amenities

Hospital, Park, Public Transit, Shopping

Building Description

Home Type

Apartment

Subtype

Multi Family

Year Built

1885

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Year Built

1885

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Area Code

Simcoe

Features

Community Centre

Area Code

Simcoe

Features

Community Centre

Aaron Knelsen

Email: [email protected] Cell: 519-702-4015