CALLLING ALL INVESTORS! A rare opportunity as has come to own this giant, income generating building. With a cap rate of over 7% it will sell fast! Add this to your portfolio and settle into an early retirement. Some updates include a new roof (2020), fire alarms (2023), windows (2021, 2025) newly renovated units 19A & 19B. This building consists of 7 one bedroom, 1 bath apartments. Each has a gallery style kitchen that opens to a spacious living room, a large bedroom and bath including a front hall closet. All 7 units are upstairs separated by a beautiful brick hallway. This building also features a separate laundry room with 1 coin operated washer & dryer. (extra income). On the main floor you will find 2 newly renovated, one bedroom apartments with their own ground floor access. Also on ground level is a generous 2000 sq.ft. studio apartment with 20' ceilings and 2 baths, making this the perfect multiuse space. The front of the building has 2 commercial retail spaces, one 500 sq.ft., the other 2500 sq.ft. both with their own bathroom. The basement is unfinished and could also provide potential income. All 12 units are occupied and well maintained. Don't waste time, inquire how this building can kickstart your retirement today!More details
Listed by RE/MAX Erie Shores Realty Inc. Brokerage
3 Units! This truly majestic building still has its original woodwork, flooring and leaded glass windows. Main floor is a beautiful 900 sq ft professional office space, with large waiting/ entry with grand staircase, 2 large offices, a kitchen area and bathroom. Beautiful woodwork, flooring, lighting and windows. Upper 2 stories contain a 2 bedroom apartment , with large rooms, original woodwork and built-ins, large bathroom with original tile, kitchen with lots of storage and counter space, an office leading out to a covered second story porch overlooking the park, a bonus room that could be a third bedroom and Sunroom. Basement has a fully contained 2 bedrooms, 1 bathroom apartment. With new flooring, lots of natural light, large kitchen with plenty of counter space, and updated bathroom freshly painted throughout. Basement unit is vacant. There is also a common area in the basement with a shared laundry area and utilities. Heated with a newer boiler system. Bonus small detached single garage. Plenty of parking. Located beside Lynnwood Park. This building is a must see!More details
Listed by RE/MAX Erie Shores Realty Inc. Brokerage
Great Investment Opportunity in the Heart of Downtown Simcoe!
Welcome to this bright and spacious duplex ideally located in downtown Simcoe, in the heart of Norfolk County and close to all amenities. Offering two separate living spaces, each with its own entrance and laundry facilities, this property provides excellent flexibility for investors or first-time homebuyers looking to offset their mortgage with a rental income.
The main floor features a roomy three-bedroom, one-bathroom apartment, complete with its own separate entrance and laundry facilities. The upper level offers a bright one-bedroom, open-concept kitchen/living room apartment, also with a separate laundry, providing privacy and convenience for both units.
Outside, you will find lots of parking, a large partially fenced yard, and a two-car garage allowing for lots of storage. This property boasts numerous upgrades, making it an attractive opportunity for those looking for a solid income property with added value.
This downtown Simcoe duplex is worth a look. Great location, great potential and plenty of space!More details
Listed by RE/MAX Erie Shores Realty Inc. Brokerage
INVESTMENT POTENTIAL! Don't miss out on this beautiful triplex that screams great investment! Welcome to 43 Port Street Brantford this 1890's Victoria style home has had many great improvements which include; windows, doors, roof, eaves, boiler and electrical all done within the last 6 years. Boasting of 3 one bedroom apartments and 2 that are currently vacant this property is waiting for someone to put their special touches on the interior and reap the financial rewards. Whether you are moving into a unit and renting the other 2 or renting all 3, this is a no brainer. All units have their own appliances, separate hydro meters and a parking space. Also included is a large fenced in backyard and a 24 X 18 barn that could pull in extra rental income or your personal extra storage. Don't hesitate on this solid home book your appointment today!More details
Listed by RE/MAX Erie Shores Realty Inc. Brokerage