6 Beds 4 Bath

85 Kent Street, Norfolk, ON N3Y 3S3

Norfolk N3Y 3S3 Ontario

MLS: X12139457

$800,000

Added 21 days ago | For Sale

Listed by: ROYAL LEPAGE TRILAND REALTY

About Property

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.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 66.87 X 124.17
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:YOUNG AND KENT STREET N
  • Basement:Partial Basement , Partial Basement
  • Possession Date:90 DAYS
  • Annual Property taxes: $3800
  • Bedrooms:6
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Heat Pump
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12139457

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