Listed by Luxe Home Town Realty Inc..

32 Simeon Street is a Duplex, 2 1/2 Storey and is currently for Sale @ $799,000. Taxes in 2023 were $5,006.00.

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This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. The 2 1/2 Storey on 32 Simeon Street has 3 bedrooms, 3 bathrooms, and is located on a 91.15 x 32.25 ft lot in the community of . Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back. This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units. Don't miss out on this unique opportunity!

Recent upgrades include updated electrical work (ESA approved) with two new panels and 120 AMP service, along with upgraded plumbing. The property features a total square footage of 2,248 sq ft.

The address 32 Simeon Street was listed for sale (MLS# X9391148) on Thursday, October 10, 2024.