172 Queen St S

Triplex | 6   | 3    | 3   | 700 - 1100 sqft

$949,900

Simcoe,Norfolk,Ontario, N3Y 3C6

172 Queen St S, Norfolk Triplex Photos

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Property Info
MLS®: X8014182
Style of House: Other
Bedrooms: 6
Bathrooms: 3
Last Updated: 2024-01-22
List Price: $949,900
Strata Fee: $
Floor Area: 700 sq. ft - 1100 sq. ft
Unit Price: $1,357/sq. ft
Lot Size: 5200.00
Basement: Full
Built Year: New
Tax Amount $0/Year
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Description

Attention investors!! Check out this amazing opportunity - introducing the first of its kind in Norfolk County - the Trifecta, a built for purpose 3 unit, 2 building property. This Property has been built ground up in 2023 with no gas, separate hydro meters, separate water supplies (can be monitored), and built with a high efficiency design which limits maintenance and expenses! This property has been meticulously thought out and each unit offers 2 bedrooms, 1 bath, in suite laundry, gorgeous finishes and one dedicated parking spot. With increasing population and a lack of rental units in Norfolk County, these Trifectas earn high rents with minimal risk of vacancy. You are guaranteed to come out on top with this 6.71% cap rate new construction income property. Upper unit will be vacant as of April 1st.

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