72 Kent Street Simcoe, Ontario N3Y 3S4
$875,000
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. (id:38604)
Property Details
| MLS® Number | 40583901 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Schools |
| ParkingSpaceTotal | 8 |
Building
| BathroomTotal | 4 |
| BedroomsTotal | 5 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructedDate | 1910 |
| CoolingType | Ductless |
| ExteriorFinish | Aluminum Siding |
| FoundationType | Poured Concrete |
| HeatingType | Heat Pump |
| StoriesTotal | 2 |
| SizeInterior | 2852 |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Park, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 124 Ft |
| SizeFrontage | 67 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rb |
https://www.realtor.ca/real-estate/26857301/72-kent-street-simcoe
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 07 2024 04:30:50
London and St. Thomas Association of REALTORS®