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72 Kent Street N Norfolk, Ontario N3Y 3S4

5 Bedroom 4 Bathroom
Heat Pump

$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:20872)

Property Details

MLS® Number X8313466
Property Type Multi-family
Community Name Simcoe
Amenities Near By Hospital, Park, Schools
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Total 5
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two Stoves, Washer
Basement Development Unfinished
Basement Type Partial (unfinished)
Exterior Finish Aluminum Siding
Foundation Type Poured Concrete
Heating Type Heat Pump
Stories Total 2
Type Other
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Schools
Sewer Sanitary Sewer
Size Depth 124 Ft
Size Frontage 66 Ft
Size Irregular 66.87 X 124.17 Ft
Size Total Text 66.87 X 124.17 Ft
Zoning Description Rb

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/26858101/72-kent-street-n-norfolk-simcoe

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