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$ 584,900
Est. payment /mo
Price Dropped by $15K
9 CHERRY Street Simcoe, ON N3Y1B3
6 Beds
2 Baths
2,180 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,180 sqft
Price per Sqft $268
Subdivision Town Of Simcoe
MLS® Listing ID 40711971
Bedrooms 6
Originating Board Brantford Regional Real Estate Assn Inc
Property Sub-Type Freehold
Property Description
Exceptional Investment Opportunity! Turnkey Duplex with Strong Rental Income This updated, purpose-built duplex is a prime investment property, generating an impressive $44,904 annually in gross rental income. Located in a highly desirable Simcoe neighborhood, this property is just minutes from shopping, schools, parks, and scenic trails. The duplex features two spacious 3-bedroom units, each with its own private driveway and separate meters for added convenience. Both units have been thoughtfully updated with modern finishes, including brand-new kitchens (2021), flooring (2022), bathrooms (2021), and roof (2021). Additionally, both units are equipped with four-head split ductless AC/heat pumps (2021), ensuring year-round comfort and energy efficiency. Sitting on a large lot, this property offers plenty of potential and is ideally situated near essential amenities. Whether you're an investor looking for a steady income stream or a homeowner seeking extra rental income, this duplex is an excellent choice. Upper Unit pays $1900 plus heat and hydro. Lower Unit pays $1842 plus heat and hydro. Don't miss out on this turnkey investment opportunity—schedule your viewing today! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating , Heat Pump
Cooling Ductless
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Re/Max Twin City Realty Inc.
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