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$ 399,000
Est. payment /mo
New
203 Grove ST Norfolk, ON N3Y 1K5
3 Beds
2 Baths
UPDATED:
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 X12241155
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,158
Tax Year 2024
Property Sub-Type Duplex
Property Description
***DUPLEX*** PRICED TO SELL - This two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants offering 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. Tenants are currently on month-month basis and would require 2 months notice if the buyer wanted the property as their residence. Laundry is located in the lower level walk down with separate side door to basement. Metal Roof offers longevity. 200 amp panel. This Duplex offers separate hydro, separate gas and separate water meters, no A/C, Forced Air Gas Heat, 6 car parking lot, close to all amenities. Water heater 8-10 yrs old. Added photos to show empty prior to tenants. 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. Invest in your future. Schedule a viewing today! Please allow 24hr notice for showings
Location
State ON
County Norfolk
Community Simcoe
Area Norfolk
Rooms
Family Room Yes
Basement Unfinished
Kitchen 2
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls, Carpet Free, Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Metal
Lot Frontage 72.0
Lot Depth 42.0
Total Parking Spaces 6
Building
Foundation Concrete
Listed by EXP REALTY