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! |
Price | $800,000 |
Taxes: | $3800.00 |
Address: | 85 Kent St North , Norfolk, N3Y 3S4, Ontario |
Lot Size: | 66.87 x 124.17 (Feet) |
Acreage: | < .50 |
Directions/Cross Streets: | Young and Kent St N |
Rooms: | 14 |
Bedrooms: | 6 |
Bedrooms +: | |
Kitchens: | 4 |
Family Room: | N |
Basement: | Part Bsmt |
Approximatly Age: | 100+ |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Concrete, Wood |
Garage Type: | None |
(Parking/)Drive: | Other |
Drive Parking Spaces: | 6 |
Pool: | None |
Approximatly Age: | 100+ |
Property Features: | Hospital, Library, Park, Place Of Worship, School |
Fireplace/Stove: | N |
Heat Source: | Other |
Heat Type: | Heat Pump |
Central Air Conditioning: | Other |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Cable: | Y |
Utilities-Hydro: | Y |
Utilities-Gas: | Y |
Utilities-Telephone: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE TRILAND REALTY |
|
Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Norfolk |
Municipality: | Norfolk |
Neighbourhood: | Simcoe |
Style: | 2-Storey |
Lot Size: | 66.87 x 124.17(Feet) |
Approximate Age: | 100+ |
Tax: | $3,800 |
Beds: | 6 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |