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!
Address
85 Kent St N
List Price
$800,000
Property Type
Free
Type of Dwelling
Fourplex
Style of Home
2-Storey
Area
Norfolk
Sub-Area
Simcoe
Bedrooms
6
Bathrooms
4
Year Built
100+
MLS® Number
X10408685
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Postal Code
N3Y 3S4
Tax Amount
$3,800.00
Tax Year
2023