40
184 SIMCOE Street
$699,900 Sale
Listed 32 days ago
· 4+1
· 4.0
· 4
· 2002
Key Facts
Key facts for 184 SIMCOE Street
Property Type
House, House
Parking
Garage: No, 4 parking
MLS #
40728405
Size
2002 sqft
Basement
Finished, Full (Finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
$5,500 Income Per Month! Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,650/m) 1 + Den, Front door renovated: Unit#2($1,050/m): 1 Bed, renovated Unit#3($1,332/m): 1 Bed, Unit#4($1,230/m): 1 Bed+den, Coin Laundry ($150/m): Lan...dlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. Take advantage of Vendor Financing 6.5% interest. After Mortgage, insurance, utilities NET Income positive cash flow $1,362.10/m, Vendor Mortgage = $3,367/m; Collect rents+laundry = $5,500/m, Property taxes - $287/m, Utilities/Insurance - $496/m. All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. Net Income $55,552. (id:10452)
Similar Properties (No results)
Room Types
4pc Bathroom
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Dimensions Dimensions Measurements not available x Measurements not available
0 sqft
Bedroom
-
Dimensions Dimensions 1'0'' x 1'0''
1 sqft
Kitchen
-
Dimensions Dimensions 1'0'' x 1'0''
1 sqft
Listing courtesy of: CENTURY 21 MILLENNIUM INC
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