85 Kent ST N new

Norfolk,ON N3Y 3S4

$ 800000

6 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10408685

Style 2-Storey

Bedrooms 6

Annual Tax Amount $3,800

Tax Year 2023

Property Description

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

State ON

County Norfolk

Area Simcoe

Rooms

Family Room No

Basement Partial Basement

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling Other

Fireplace No

Heat Source Other

Exterior

Garage Other

Garage Spaces 6.0

Pool None

Waterfront No

Waterfront Description None

Roof Type Asphalt Shingle

Parking Type None

Total Parking Spaces 6

Building

Unit Features Hospital,Library,Park,Place Of Worship,School

Foundation Poured Concrete

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