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Home ON Norfolk Norfolk County Simcoe
85 KENT STREET N
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85 KENT STREET N $875,000
$875,000
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85 KENT STREET N
Norfolk, Ontario N3Y3S4

MLS® Number: X8313462
6
Bedrooms
4
Bathrooms
-
Square Feet

Listing 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'sown 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. (35171562)

Location Description

Young and Kent St N

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Community Name
Simcoe
Land Size
66.87 x 124.17 FT
Annual Property Taxes
$3,800
Total Parking Spaces
6
Time on REALTOR.ca
59 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
4
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two stoves, Washer
Basement Type
Partial
Building Features
Foundation Type
Poured Concrete
Building Amenities
Separate Electricity Meters
Heating & Cooling
Heating Type
Heat Pump
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Concrete, Wood
Neighbourhood Features
Amenities Nearby
Hospital, Park, Place of Worship, Schools
Parking
Total Parking Spaces
6

Land

Lot Features
Frontage
66 ft
Land Depth
124 ft
Other Property Information
Zoning Description
RB
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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