85 Kent ST N new

Norfolk,ON N3Y 3S3

$ 800000

6 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Simcoe

MLS Listing ID X12139457

Style 2-Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $3,800

Tax Year 2024

Property Sub-Type Fourplex

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

Community Simcoe

Area Norfolk

Rooms

Family Room No

Basement Partial Basement

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling Other

Fireplace No

Heat Source Other

Exterior

Parking Features Other

Pool None

Roof Type Asphalt Shingle

Lot Frontage 66.87

Lot Depth 124.17

Total Parking Spaces 6

Building

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

Foundation Poured Concrete

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