4 Bedroom
2 Bathroom
1,500 - 2,000 ft2
Fireplace
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:39551)
Property Details
|
MLS® Number
|
X12958240 |
|
Property Type
|
Single Family |
|
Community Name
|
Simcoe |
|
Amenities Near By
|
Public Transit, Hospital, Schools |
|
Community Features
|
School Bus |
|
Equipment Type
|
Water Heater - Tankless, Water Heater |
|
Features
|
Carpet Free, Sump Pump |
|
Parking Space Total
|
6 |
|
Rental Equipment Type
|
Water Heater - Tankless, Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Total
|
4 |
|
Age
|
100+ Years |
|
Amenities
|
Fireplace(s), Separate Heating Controls, Separate Electricity Meters |
|
Appliances
|
Water Heater - Tankless, Water Heater, Dishwasher, Dryer, Microwave, Hood Fan, Two Stoves, Two Washers, Two Refrigerators |
|
Basement Development
|
Unfinished |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
Full, N/a (unfinished), N/a |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Vinyl Siding |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
1 |
|
Foundation Type
|
Stone, Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Hospital, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
109 Ft |
|
Size Frontage
|
69 Ft |
|
Size Irregular
|
69 X 109 Ft |
|
Size Total Text
|
69 X 109 Ft |
|
Zoning Description
|
R2 (urban Residential Type 2) |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Laundry Room |
1.65 m |
2.59 m |
1.65 m x 2.59 m |
|
Second Level |
Living Room |
4.65 m |
4.24 m |
4.65 m x 4.24 m |
|
Second Level |
Bedroom |
2.29 m |
4.01 m |
2.29 m x 4.01 m |
|
Second Level |
Bedroom |
2.26 m |
4.01 m |
2.26 m x 4.01 m |
|
Second Level |
Kitchen |
3.2 m |
3.3 m |
3.2 m x 3.3 m |
|
Basement |
Utility Room |
4.22 m |
4.5 m |
4.22 m x 4.5 m |
|
Basement |
Workshop |
4.47 m |
5.51 m |
4.47 m x 5.51 m |
|
Main Level |
Living Room |
4.42 m |
4.67 m |
4.42 m x 4.67 m |
|
Main Level |
Bedroom |
4.04 m |
2.44 m |
4.04 m x 2.44 m |
|
Main Level |
Bedroom |
4.04 m |
2.44 m |
4.04 m x 2.44 m |
|
Main Level |
Kitchen |
4.67 m |
3.61 m |
4.67 m x 3.61 m |
|
Main Level |
Laundry Room |
3.3 m |
1.27 m |
3.3 m x 1.27 m |
|
Main Level |
Foyer |
1.27 m |
3.2 m |
1.27 m x 3.2 m |
https://www.realtor.ca/real-estate/29559131/252-robinson-street-norfolk-simcoe-simcoe