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72 KENT Street
Simcoe Ontario , N3Y3S4 , Canada
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$875,000.00
MLS® 40583901
Investment
Lot Frontage: 67.0 Feet
Lot Depth: 124.0 Feet
No. of Parking Spaces: 8
Floor Space (approx): 2852.00
Built in: 1910
Total Bedrooms: 5
Total Bathrooms: 4
Zoning: RB
Remarks:
Incredible Opportunity! This low maintenance, cash flowing, purpose- built fourplex in Simcoe is an amazing buy! Great addition to your investment portfolio with a 7.3 cap rate bringing in over $72,000 in rental income with low expenses. This building has an extensive list of recent updates: Eavestrough (2020), windows (2021), updated unit renovations with quality finishes (2020-2023), Ductless mini split heat pump/ACs (2019), Furnaces (2020). Fully rented to high-quality A+ tenants that pay their own utilities. Each unit has their own laundry, parking spot, separate entry, hydro and water meter. 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 85 Kent. (id:7526)

Property Features:
  • Amenities Nearby: Hospital , Park , Schools
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Sewer: Municipal sewage system
Building Features:
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Building Type: Fourplex
  • Exterior Finish: Aluminum siding
  • 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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