85 Kent Street N
Simcoe, ON, N5Y 3S3
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.
Property Specification
| MLS Number | 40584140 |
| Property Type | Residential Income |
| Building Area | 3,079 Square Feet |
| Total Bedrooms | 6 |
| Basement | Partial, Unfinished |
| Above Grade Sqf | 3,079 Square Feet |
| Cooling | Ductless |
| Heating | Heat Pump |
| Lot Size Area | 10,064 Square Feet |
| Lot Size Source | GeoWarehouse |
| Parking Spaces | 6 |
| Sewage | Sewer (Municipal) |
Location Map
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Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Listing courtesy of: ROYAL LEPAGE TRILAND REALTY