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283 Cedar Street Simcoe, Ontario N3Y 2J1

2700
None Forced Air

$585,000

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:22409)

Property Details

MLS® Number 40159625
Property Type Multi-family
Amenities Near By Park, Public Transit, Schools
Community Features Community Centre
Equipment Type Water Heater
Features Ravine, Park/reserve, Crushed Stone Driveway
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Aluminum Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2700
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 118 Ft
Size Frontage 59 Ft
Size Total Text Under 1/2 Acre
Zoning Description Res

https://www.realtor.ca/real-estate/23588231/283-cedar-street-simcoe

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