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16 Norfolk Street S Simcoe, Ontario N3Y 2V9

None Forced Air

$699,000

Welcome to this amazing property located in the beautiful town of Simcoe! With a Cap rate of over 8%, you won't want to miss this unique offering including one commercial unit, three bachelor units, and two one-bedroom units, making it a great investment opportunity. The commercial unit is located on the ground floor and features large windows, making it perfect for a variety of businesses. It could be used as a retail space or office space and is currently tenanted by a law firm. The three bachelor units are located on the third floor and offer comfortable living spaces for individuals or couples. Each unit is equipped with a kitchenette and a bathroom, providing everything you need to feel at home. The two one-bedroom units are located on the second floor and are perfect for those who want a little more space. These units feature separate living and sleeping areas, as well as a full kitchen and bathroom. The property is conveniently located in the heart of Simcoe, close to shopping, restaurants, and other amenities. Don't miss out on this incredible investment opportunity! Schedule a viewing today and see all that this property has to offer. (id:29966)

Property Details

MLS® Number 40402829
Property Type Other
Amenities Near By Public Transit, Shopping
Community Features High Traffic Area

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Heating Fuel Electric, Natural Gas
Heating Type Forced Air
Stories Total 2
Size Exterior 1787.0000
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Frontage 24 Ft
Zoning Description Cg

https://www.realtor.ca/real-estate/25634053/16-norfolk-street-s-simcoe

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