
Multi-family For Sale
$699,900
MLS® Number: 40811365
Bedrooms
6
Bathrooms
6
Floor Area
4,282
Year Built
1885
Multi-family For Sale
$699,900
Bedrooms
6
Bathrooms
6
Floor Area
4,282
Year Built
1885
145 NORFOLK Street S, Simcoe, Ontario
About This Property
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, essential 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.
Property Details
Interior Details
Basement
Unfinished, Partial
Bathrooms Total
6
Bedrooms Total
6
Cooling
None
Heating
Forced air, Natural gas
Living Area
4282 sqft
Building & Exterior
Exterior Features
Brick
Foundation Details
Poured Concrete
Number Of Units Total
6
Stories
2.0
Year Built
1885
Land & Location
Community Features
Community Centre
Frontage Length
62.0 feet
Lot Features
Shared Driveway
Postal Code
N3Y2W2
Subdivision Name
Town of Simcoe
Listing & Financials
Listing Office
RE/MAX Erie Shores Realty Inc. Brokerage
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
6
Listed By
RE/MAX Erie Shores Realty Inc. Brokerage
Mortgage Calculator
Estimated Monthly Payment
$3,438
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$3,438
Principal and interest only. Actual rates may vary.