4 Bedroom
2 Bathroom
1,890 ft2
2 Level
Central Air Conditioning
Forced Air
$599,000
Over 9% Caprate, Cashflow Positive, Duplex + Large Empty Lot Area Under-Going Severance to Separate to TWO Lots with Dimension 70x64 Feet and 45x70 Feet, with the Second Lot Having a Proposed Residential Dwelling, Huge Value! 2-Storey Large Home with Two 2 Bedroom, 1 Bathroom Units, Both Units Above Grade + Unfinished Basement Split in Half for Each Unit's Usage & Storage, All Utilities Are Separate, 2 Hydro Meters, 2 Water Meters, 2 Gas Meters. 2 Furnaces, 2 A/C Units, 2 Laundry Rooms, 2 100 Amp Electrical Panels, 2 Hot Water Tanks. Or You can Convert This into a Single Family Home with 4 Bedrooms & 2 Full Bathrooms for Your Large Family. Each Unit Has Their Own Un-Obstructed Driveway Entrance. Entire Property was Renovated with a City Permit in 2022, Almost Everything is New Including the Windows, Flooring, Stainless Steel Kitchen Appliances, Bathrooms, Shear Shades, Countertops, Doors, Baseboards, Drywall, Insulation, & More. The Basement Has Been Maintained and Structurally Fortified Over the Years. THREE Sources of Rental Income From Both Units + Directional Hospital Sign. Upper Unit is VACANT (Market Rent is $2,250 + Utilities), Ground Floor Unit is $2,250 + Utilities, and Hospital Pays $4,000/year for the Sign. Severing the Lot will Unlock $100k+ & More. Norfolk General Hospital is within Walking Steps. Also Within Walking Steps Include Elgin Avenue School, Food Basics, Giant Tiger, Simcoe Town Centre Shopping Mall, Trails, Parks & More. Don't Miss Out on this Ideal Duplex. A Solid & Amazing Investment to Add or Start with Your Portfolio. Living in One Unit & Renting the Other + Bonus From Selling Residential Severed Lot Would be Another Great Accelerated House-Hacking Idea. You Could Build the New Home on the Severed Lot Yourself! (id:50976)
Property Details
|
MLS® Number
|
40814637 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Hospital, Schools, Shopping |
|
Community Features
|
School Bus |
|
Features
|
Crushed Stone Driveway, Sump Pump |
|
Parking Space Total
|
6 |
|
Structure
|
Porch |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Total
|
4 |
|
Appliances
|
Water Meter, Window Coverings |
|
Architectural Style
|
2 Level |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Constructed Date
|
1900 |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Vinyl Siding |
|
Fire Protection
|
Smoke Detectors |
|
Fixture
|
Ceiling Fans |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,890 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
69 Ft |
|
Size Frontage
|
109 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R2 (urban Residential Type 2) |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
3pc Bathroom |
|
|
Measurements not available |
|
Second Level |
Laundry Room |
|
|
5'5'' x 8'6'' |
|
Second Level |
Kitchen |
|
|
10'6'' x 10'10'' |
|
Second Level |
Bedroom |
|
|
7'5'' x 13'2'' |
|
Second Level |
Bedroom |
|
|
7'6'' x 13'2'' |
|
Second Level |
Living Room |
|
|
15'3'' x 13'11'' |
|
Basement |
Storage |
|
|
17'1'' x 14'9'' |
|
Basement |
Storage |
|
|
14'8'' x 18'1'' |
|
Basement |
Utility Room |
|
|
13'10'' x 14'9'' |
|
Main Level |
3pc Bathroom |
|
|
Measurements not available |
|
Main Level |
Foyer |
|
|
4'2'' x 10'6'' |
|
Main Level |
Laundry Room |
|
|
10'10'' x 4'2'' |
|
Main Level |
Kitchen |
|
|
15'4'' x 11'10'' |
|
Main Level |
Bedroom |
|
|
13'3'' x 8'0'' |
|
Main Level |
Bedroom |
|
|
13'3'' x 8'0'' |
|
Main Level |
Living Room |
|
|
14'6'' x 15'4'' |
https://www.realtor.ca/real-estate/29559073/252-robinson-street-simcoe
