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184 St. George Street Norfolk, Ontario N0K 1N0

5 Bedroom 4 Bathroom
Central Air Conditioning Forced Air

$849,000

This fourplex features three 1-bedroom units and one 2-bedroom unit, all with in-suite laundry, fridge, stove, and dishwasher for added tenant appeal. Separate gas and hydro meters ensure efficiency, with the landlord only responsible for water and common area hydro. The property includes four owned hot water tanks and ample parking space for residents. Recent capital improvements include a new roof (2019), updated siding (2020), and mostly new windows (2021), all contributing to reduced maintenance costs and increased energy efficiency. The eavestroughs were resealed in 2022. Current rents are as follows: Unit 1 is vacant (previously rented for $1500 + gas/hydro, Unit 2 rents for $1,800 plus gas/hydro, Unit 3 for $1,250 plus gas/hydro, and Unit 4 for $1,244.45 plus gas/hydro. With strong rental income and recent improvements, this 4-plex is ready to provide a consistent and lucrative return on your investment. (id:56191)

Property Details

MLS® Number X9007724
Property Type Multi-family
Community Name Simcoe
Parking Space Total 7

Building

Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Total 5
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two Stoves, Washer
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Other
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 77 Ft
Size Frontage 106 Ft
Size Irregular 106.66 X 77.5 Ft
Size Total Text 106.66 X 77.5 Ft|under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/27115923/184-st-george-street-norfolk-simcoe

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