145 Norfolk Street S, Simcoe, Ontario

$820,000

Previous Next

6

Beds

6

Baths

4,282

Square feet

About 145 Norfolk Street S

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. (id:36535)

Features of 145 Norfolk Street S

Listing # 40629474
Price $820,000
Bedrooms 6
Bathrooms 6.00
Square Footage 4,282
Acres 0.00
Year Built 1885
Type Multi-family
Sub-Type Freehold

Community Information

Address 145 Norfolk Street S
Subdivision Town of Simcoe
City Simcoe
Province Ontario
Postal Code N3Y2W2

Amenities

Amenities Hospital, Park, Public Transit, Shopping
Features Shared Driveway
Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of GREG GRANT and PATRICK MAAS Of RE/MAX ERIE SHORES REALTY INC. BROKERAGE

Listing Map