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:4069)
| Address |
9 SIMCOE Street |
| List Price |
$999,900 |
| Property Type |
Multi-family |
| Area |
Ontario |
| Sub-Area |
Lindsay |
| Bedrooms |
5 |
| Bathrooms |
5 |
| Floor Area |
2,382 Sq. Ft. |
| Lot Size |
0.25 Sq. Ft. |
| MLS® Number |
40644943 |
| Listing Brokerage |
Keller Williams Signature Realty, Brokerage
|
| Basement Area |
Full (Unfinished) |
| Postal Code |
K9V2G2 |
| Zoning |
R2 |
| Site Influences |
Hospital, Park, Playground, Schools, Shopping |
| Features |
Paved driveway |
