252 Robinson Street, Simcoe ON

About 252 Robinson Street

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:56071). Get more information on 252 Robinson Street

Property Features

Appliances:  Water meter, Window Coverings
Features:  Crushed stone driveway, Sump Pump
Rental Equipment:  
Directions:  Queen St S & Robinson St
Zoning Description:  R2 (Urban Residential Type 2)
Interior Size:  1890 sqft
Community Features:  School Bus
Fixture:  Ceiling fans
Lot:  under 1/2 acre
Exterior Finish:  Vinyl siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age:  1900
Foundation: Poured Concrete
Constructed Date:  1900
Basement:  Full (Unfinished) Unfinished

Rooms & Sizes

3pc Bathroom Second level Measurements not available	Laundry room Second level 5 5 x 8 6	Kitchen Second level 10 6 x 10 10
Bedroom Second level 7 5 x 13 2	Bedroom Second level 7 6 x 13 2	Living room Second level 15 3 x 13 11
Storage Basement 17 1 x 14 9	Storage Basement 14 8 x 18 1	Utility room Basement 13 10 x 14 9
3pc Bathroom Main level Measurements not available	Foyer Main level 4 2 x 10 6	Laundry room Main level 10 10 x 4 2
Kitchen Main level 15 4 x 11 10	Bedroom Main level 13 3 x 8 0	Bedroom Main level 13 3 x 8 0
Living room Main level 14 6 x 15 4