85 Kent Street N Norfolk, Ontario N3Y 3S4
$800,000
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:50886)
Property Details
| MLS® Number | X10408685 |
| Property Type | Single Family |
| Community Name | Simcoe |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Schools |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
| BasementType | Partial |
| ExteriorFinish | Concrete, Wood |
| FoundationType | Poured Concrete |
| HeatingType | Heat Pump |
| StoriesTotal | 2 |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 124 Ft ,2 In |
| SizeFrontage | 66 Ft ,10 In |
| SizeIrregular | 66.87 X 124.17 Ft |
| SizeTotalText | 66.87 X 124.17 Ft|under 1/2 Acre |
| ZoningDescription | Rb |
Utilities
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/27619211/85-kent-street-n-norfolk-simcoe-simcoe
Interested?
Contact us for more information
Minna Nguyen
Salesperson
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November 06 2024 07:42:56
London and St. Thomas Association of REALTORS®
Royal LePage Triland Realty