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85 KENT Street N
Simcoe Ontario , N5Y3S3 , Canada
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$875,000.00
MLS® 40584140
Investment
Lot Frontage: 86.0 Feet
Lot Depth: 119.0 Feet
No. of Parking Spaces: 6
Floor Space (approx): 3079.00
Total Bedrooms: 6
Total Bathrooms: 4
Zoning: RB
Remarks:
Incredible Opportunity! This turn-key, low maintenance, cash flowing Fourplex located in great location in Simcoe with a 7 cap rate bringing in an annual $72,000. Offering a well maintained 4 unit building situated on a double lot with lots of parking. Fully rented to high-quality 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 investment opportunity, act quick! Can be purchased together with 72 Kent. (id:7526)

Property Features:
  • Amenities Nearby: Golf Nearby , Hospital , Park , Schools
  • Features: Laundry- Coin operated
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Sewer: Municipal sewage system
Building Features:
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Building Type: Fourplex
  • Construction Material: Wood frame
  • Exterior Finish: Concrete , Wood
  • Foundation Type: Poured Concrete
  • Heating Type: Heat Pump

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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