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$ 800,000
Est. payment /mo
New
85 Kent ST N Norfolk, ON N3Y 3S3
6 Beds
4 Baths
UPDATED:
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
Listed by ROYAL LEPAGE TRILAND REALTY