$ 800,000
85 Kent ST N Norfolk, ON N3Y 3S4
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$ 800,000
Est. payment | /mo
6 Beds
4 Baths
$ 800,000
Est. payment | /mo
6 Beds
4 Baths
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
Province 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
Listed by ROYAL LEPAGE TRILAND REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "