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72 Kent Street Norfolk, Ontario N3Y 3S4

5 Bedroom 4 Bathroom 2852 sqft
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 X8382466
Property Type Business
Community Name Simcoe
Amenities Near By Hospital
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Total 5
Appliances Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two Stoves, Washer
Basement Development Unfinished
Basement Type N/a (unfinished)
Exterior Finish Aluminum Siding
Foundation Type Poured Concrete
Heating Type Heat Pump
Size Interior 2852 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital
Sewer Sanitary Sewer
Size Depth 124 Ft
Size Frontage 66 Ft
Size Irregular Unit=66.87 X 124.17 Ft
Size Total Text Unit=66.87 X 124.17 Ft|under 1/2 Acre
Zoning Description Rb

https://www.realtor.ca/real-estate/26959321/72-kent-street-norfolk-simcoe

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