***DUPLEX*** PRICED TO SELL - This two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants offering peace of mind and steady income. Situated on a large, mature corner lot in the heart of Simcoe, this versatile property offers the best of both worlds - whether you're looking for a prime investment or a place to call home. Tenants are currently on month-month basis and would require 2 months notice if the buyer wanted the property as their residence. Laundry is located in the lower level walk down with separate side door to basement. Metal Roof offers longevity. 200 amp panel. This Duplex offers separate hydro, separate gas and separate water meters, no A/C, Forced Air Gas Heat, 6 car parking lot, close to all amenities. Water heater 8-10 yrs old. Added photos to show empty prior to tenants. Priced to sell, this is your chance to own a cash-flow-positive investment with incredible ROI potential. Do not miss out on this rare opportunity to add an already tenanted, income-generating property to your portfolio. Navigating todays market can be challenging, but this property makes it easier. Upper unit pays $1,300 + utilities, lower unit pays $1,200 + utilities. Invest in your future. Schedule a viewing today! Please allow 24hr notice for showings (id:4555)
PROPERTY SPECS
Listing ID X12241155
Address 203 GROVE STREET
City Norfolk (Simcoe), ON
Price $399,000
Bed / Bath 3 / 2 Full
Construction Aluminum siding
Land Size 72 x 42 FT
Type Duplex
Status For sale
EXTENDED FEATURES
AppliancesDryer, Refrigerator, Stove, Washer, Water HeaterBasementN/ABasement DevelopmentUnfinishedParking6FeaturesCarpet FreeBuilding AmenitiesSeparate Electricity Meters, Separate Heating ControlsFoundationConcreteHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-06-24 08:00:12Days on Market13Parking6