85 Kent Street No longer available

Norfolk, Simcoe, N3Y 3S4

$800,000

Description

Listed by ROYAL LEPAGE TRILAND REALTY.

ANNUAL INCOME OF $74,400 with a 7.8 cap rate! This turn-key, low maintenance, cash flowing Fourplex located in Simcoe is on a double lot with plenty of parking. A++ tenants with spacious units and each unit has it's own 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 opportunity!

Location

View Map
  • Address: 85 Kent Street
  • Neighborhood: Simcoe
  • City: Norfolk
  • State: Ontario
  • Postal Code: N3Y 3S4

Property Details

  • Property ID: X10408685
  • Property Price: $800,000
  • Style: Fourplex, 2-Storey
  • Rooms: 14
  • Bedrooms: 6
  • Bath: 4
  • Parking Spaces: 6
  • Year Built: 100+
  • A/C: Other
  • Basement: Part Bsmt
  • Den: N
  • Exterior: Concrete, Wood
  • Heating: Heat Pump
  • Fireplace: N
  • Taxes: $3,800.00 (2023)
  • Acreage: < .50 Acres
  • Lot: 124.17x66.87 (Feet)

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100