Incredible Opportunity! This turn-key, low maintenance, cash flowing Fourplex located in great location in Simcoe with a 7 cap rate bringing in an annual $72,000. Offering a well maintained 4 unit building situated on a double lot with lots of parking. Fully rented to high-quality A+ tenants with spacious units and each unit has it'sown hydro meter. This building has an extensive list of new updates and renovations throughout the interior and exterior. Many upgrades including roof (2020), electrical (2019), plumbing (2017). Additional income with coin- op laundry. Located in the heart of Simcoe close to all amenities including the Norfolk Golf Club and Port Dover. Don't miss out on this great investment opportunity, act quick! Can be purchased together with 72 Kent. (id:4069)
| Address |
85 KENT STREET N |
| List Price |
$875,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Other |
| Area |
Ontario |
| Sub-Area |
Norfolk |
| Bedrooms |
6 |
| Bathrooms |
4 |
| Lot Size |
66.87 x 124.17 FT Sq. Ft. |
| MLS® Number |
X8313462 |
| Listing Brokerage |
ROYAL LEPAGE TRILAND REALTY
|
| Basement Area |
Partial |
| Postal Code |
N3Y3S4 |
| Site Influences |
Hospital, Park, Place of Worship, Schools |
| Amenities |
Separate Electricity Meters |
