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203 Grove Street Norfolk, Ontario N3Y 1K5

3 Bedroom 2 Bathroom 1100 - 1500 sqft
Forced Air

$479,900

Positive ROI Investment Opportunity - Instant INCOME ***Duplex*** This stunning two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants who are eager to stay long-term, this property offers 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. This Duplex offers separate hydro, gas and water meters, no A/C, forced air heat, 6 car parking lot, close to all amenities. 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, tenants are on a month to month plan currently. Invest in your future. Schedule a viewing today! (id:38414)

Property Details

MLS® Number X12186332
Property Type Multi-family
Community Name Simcoe
Features Carpet Free
ParkingSpaceTotal 6
Structure Porch

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsTotal 3
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Unfinished
BasementType N/a (unfinished)
ExteriorFinish Aluminum Siding
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1100 - 1500 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 49 Ft ,9 In
SizeFrontage 72 Ft ,6 In
SizeIrregular 72.5 X 49.8 Ft
SizeTotalText 72.5 X 49.8 Ft|under 1/2 Acre
ZoningDescription R2

Rooms

Level Type Dimensions
Second Level Kitchen 7.01 m x 3.35 m
Second Level Bathroom 2.13 m x 1.83 m
Second Level Bedroom 3.05 m x 2.74 m
Second Level Bedroom 2 3.05 m x 2.74 m
Main Level Kitchen 3.35 m x 3.35 m
Main Level Living Room 3.66 m x 3.35 m
Main Level Bedroom 3.35 m x 2.44 m
Main Level Bathroom 2.44 m x 1.83 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

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June 02 2025 05:25:36

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