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

85 Kent Street N,Simcoe, ON N5Y 3S3

Simcoe ON, N5Y 3S3

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Description

Incredible Opportunity! This turn-key, low maintenance, cash flowing Fourplex located in great location in Simcoe with a 7 cap rate bringing in an annual $72,000. Offering a well maintained 4 unit building situated on a double lot with lots of parking. Fully rented to high-quality 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 investment opportunity, act quick! Can be purchased together with 72 Kent.

Details

MLS#40584140
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site23
Listing Provided ByROYAL LEPAGE TRILAND REALTY | Minna Nguyen

Features

Bed(s)6
Bath(s)4
SQ Feet3,079
BasementY
Story(s)2
Units4
ZoningRB
Golf CourseYes
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: 3 minutes ago
ProvinceON
CountyNorfolk
CitySimcoe
Postal CodeN5Y 3S3
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:
3,079
low | high
Med:
1,567
99.123091912959% of Average
$ / SqFt:
$284
low | high
Med:
$434
2.678318011312% of Average
On Site:
23
low | high
Med:
67
34.328358208955% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 6:30:13 PM PDT