Attention Investors & first time buyers - with VACANT POSSESSION of the upper unit where you can set your own rent, this is the one for you! 264-266 West Street is a fantastic up/down duplex with a great location in Simcoe, right across the road from the hospital. INVESTORS - with 2 units with their own separate utilities this is a great opportunity. FIRST-TIME BUYERS - You could live in 1 unit while renting out the other as a mortgage helper. The outside of the home sits up on a slight hill offering it a grand presence. A double wide driveway in the back offers great parking. The large front porch is the perfect spot to sit with a morning coffee or glass of wine. The main floor unit offers a living space, kitchen, a bath & 2 beds. This unit has access to the basement with laundry. The second level has its own entrance and offers 2 beds, a kitchen, living space and 1 bathroom. The basement has its own separate entrance providing this space with many possibilities for the new owners. Both units have their own hot water tanks, own furnaces (7 years old) and separate gas/hydro/water meters making it super convenient for tenants to set up and pay their own utilities. New roof in 2022. As of July 1, 2024 lower tenant will pay $1300/month rent. You can set your own rent for the upper unit meaning this property would be CAH. (id:47423)
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Detailed Information
Bedrooms
4
Bathrooms
2
Lot
40 x 124 ft
Amenities Nearby
Hospital, Park, Schools, Shopping
Equipment
Water Heater
Features
Crushed stone driveway
Listing Contract Date
2024-04-22
Location Description
Queen Street to West Street. Located on the corner of West Street & Nelson Street
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
R2
Building
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Constructed Date
1914
Cooling Type
None
Exterior Finish
Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital, Park, Schools, Shopping
Sewer
Municipal sewage system
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