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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! (id:53271)
| MLS® Number | X9296191 |
| Property Type | Multi-family |
| Community Name | Simcoe |
| Amenities Near By | Hospital, Park, Place Of Worship, Schools |
| Parking Space Total | 6 |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
| Basement Type | Partial |
| Exterior Finish | Concrete, Wood |
| Foundation Type | Poured Concrete |
| Heating Type | Heat Pump |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 124 Ft ,2 In |
| Size Frontage | 66 Ft ,10 In |
| Size Irregular | 66.87 X 124.17 Ft |
| Size Total Text | 66.87 X 124.17 Ft |
| Zoning Description | Rb |
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/27356766/85-kent-street-n-norfolk-simcoe-simcoe
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Call: 519-535-4243
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