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! (id:4069)
| Address |
85 KENT STREET N |
| List Price |
$800,000 |
| Property Type |
Single Family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
Norfolk (simcoe) |
| Bedrooms |
6 |
| Bathrooms |
4 |
| Lot Size |
66.87 x 124.17 FT Sq. Ft. |
| MLS® Number |
X10408685 |
| Listing Brokerage |
ROYAL LEPAGE TRILAND REALTY
|
| Basement Area |
Partial |
| Postal Code |
N3Y3S4 |
| Zoning |
RB |
| Site Influences |
Hospital, Park, Place of Worship, Schools |
| Amenities |
Separate Electricity Meters |
