$875,000 $4,697 est/mo Sourced by Back At You

72 Kent Street,Simcoe, ON N3Y 3S4

Simcoe ON, N3Y 3S4

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Description

Incredible Opportunity! This low maintenance, cash flowing, purpose- built fourplex in Simcoe is an amazing buy! Great addition to your investment portfolio with a 7.3 cap rate bringing in over $72,000 in rental income with low expenses. This building has an extensive list of recent updates: Eavestrough (2020), windows (2021), updated unit renovations with quality finishes (2020-2023), Ductless mini split heat pump/ACs (2019), Furnaces (2020). Fully rented to high-quality A+ tenants that pay their own utilities. Each unit has their own laundry, parking spot, separate entry, hydro and water meter. 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 85 Kent.

Details

MLS#40583901
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1910
Days On Site19
Listing Provided ByROYAL LEPAGE TRILAND REALTY | Minna Nguyen

Features

Bed(s)5
Bath(s)4
SQ Feet2,852
BasementY
Story(s)2
Units4
ZoningRB
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 46 seconds ago
ProvinceON
CountyNorfolk
CitySimcoe
Postal CodeN3Y 3S4
AreaTown of Simcoe
SubareaTown of Simcoe
Community NameTown of Simcoe
Listing VS Median (in Town of Simcoe)
Price:
$875,000
low | high
Med:
$679,450
72.348571428571% of Average
SqFt:
2,852
low | high
Med:
1,567
95.073632538569% of Average
$ / SqFt:
$307
low | high
Med:
$434
8.577926934634% of Average
On Site:
19
low | high
Med:
63.000000
30.15873015873% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 6:30:13 PM PDT