203 Grove Street Norfolk, Ontario N3Y 1K5
$399,000
***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:50886)
Property Details
| MLS® Number | X12241155 |
| Property Type | Multi-family |
| Community Name | Simcoe |
| Features | Carpet Free |
| Parking Space Total | 6 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 42 Ft |
| Size Frontage | 72 Ft |
| Size Irregular | 72 X 42 Ft |
| Size Total Text | 72 X 42 Ft |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 7.01 m | 3.35 m | 7.01 m x 3.35 m |
| Second Level | Bathroom | 2.13 m | 1.83 m | 2.13 m x 1.83 m |
| Second Level | Bedroom 2 | 3.05 m | 2.74 m | 3.05 m x 2.74 m |
| Second Level | Bedroom 3 | 3.05 m | 2.74 m | 3.05 m x 2.74 m |
| Main Level | Kitchen | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
| Main Level | Family Room | 3.66 m | 3.35 m | 3.66 m x 3.35 m |
| Main Level | Bathroom | 2.44 m | 1.83 m | 2.44 m x 1.83 m |
| Main Level | Bedroom | 2.44 m | 3.35 m | 2.44 m x 3.35 m |
https://www.realtor.ca/real-estate/28511827/203-grove-street-norfolk-simcoe-simcoe
Contact Us
Contact us for more information
Stacey Crechiola
Salesperson
www.facebook.com/profile.php?id=100092237081501
380 Wellington Street
London, Ontario N6A 5B5
(866) 530-7737
Alan Elbardisy
Broker
(866) 530-7737
alanelbardisy.exprealty.com/
(866) 530-7737
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June 24 2025 05:21:46
London and St. Thomas Association of REALTORS®
Exp Realty