9 Simcoe

Home Details

Description

Turnkey 5 PLEX apartment building in the up and coming Town of Lindsay! This beautiful and money making property is a legal non-confirming 5-plex nicely situated on a 62 x 173' lot located in South Lindsay. Tenants love the location because it is walking distance to downtown and all the amenities one could desire! Nestled into a mature residential neighbourhood filled with stunning homes and unique architecture. The property boasts 3 one bedroom apartments, 1 two bedroom Apartment and 1 bachelor apt. All units are fully rented with great tenants. With strong rents and low operating costs this property runs itself and makes you money! The full basement offers plenty of room for storage and potential to add future value to the building! The backyard is massive and could be an opportunity to expand the building and add more rental suites in the future! Newer high efficiency boiler (2019). If you're looking to add a turnkey property to your investment portfolio, this is it! (id:39198)

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Additional media

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Property taxes

$4,526.94 per year / $377.24 per month

Basement

Unfinished, Full

Year build

-

Type

Multi-family

Bedrooms

5

Bathrooms

5

Parking spots

8 Total

Floor

-

Balcony

-

Pool

-

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced air, Natural gas

Fire place(s)

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