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16 Norfolk Street S Simcoe, Ontario N3Y 2V9

$624,900

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 40481636
Property Type Office
Amenities Near By Public Transit, Shopping
Community Features High Traffic Area

Building

Basement Type Full
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
Size Total Text Under 1/2 Acre
Zoning Description Cg

https://www.realtor.ca/real-estate/26044006/16-norfolk-street-s-simcoe

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