Duplex 2 Storey Investment Property in the Town of Simcoe (South of Brantford)!! Assigned

  • $275,000
  • 3 beds
  • 2 baths
  • 2052 sqft

This quaint, 2-storey, century home was originally an up-and-down duplex that was converted into a single-family property by the current owners. Although currently a single-family home, the property comes with hookups for 2 gas meters, 2 hydro meters, grand ceilings, and a large backyard. Units can easily be self-contained, and the house itself is located in a scenic area of Simcoe close to churches, parks, and schools that help enhance the sense of community. This is a great price for a home in the growing Simcoe market and offers multi-family potential for an investor to generate profitable rental income in a central neighbourhood. Don’t miss out!

We are selling our assignable purchase contract.

Closing is November 10th, 2020.

Please click HERE for more information and pictures.

Price:
$275,000
Address:
Maple St
Simcoe, ON
Square Feet:
2052
Lot Size:
59.27 ft x 148.50 ft
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1912
Basement:
Unfinished

Additional Features

PROPERTY FEATURES 3 bedrooms 2 full bathrooms Built in 1912 Above grade: 2052 sq ft Unfinished basement: 465 sq ft Signs of knob & tube in basement (Seller believes it has been disconnected) Main floor: 1321 sq ft 1 bedroom (option to add 2nd bedroom in living room) 1 bathroom Upper floor: 731 sq ft 2 bedrooms 1 bathroom Upstairs has a kitchen area that is currently being used as storage 200 AMP breaker panel Working sump pump in basement 2 hot water tanks in basement Gas furnace is approximately 17-years-old Furnace is a rental, but will be paid off by the Seller upon closing No central AC 2 hydro meters 2 gas meters (one gas meter is removed but there is a hookup for it) 1 water main Roof (2014) Backyard features (all included): Wood deck Gazebo frame Interlock patio stones 2 sheds 4-5 car private driveway Separate, 1-car parking space Lot size: 59.27 ft x 148.50 ft Zoning: R2 Vacant possession. House will be decluttered on closing. PROPERTY NEEDS Medium cosmetic updating Option to self-contain main floor and upstair units. We recommend converting this property back to a legal multifamily to maximize resale/refinance value!

Call (647) 400-2093 for more details

Property Location