72 KENT Street Town of Simcoe, Simcoe, Ontario, CA

Address: 72 KENT Street, Simcoe, Ontario

5 Beds4 Baths2852 sqftStatus: Buy
Price $875,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2852.0000
Subdivision Name
Town of Simcoe
Title
Freehold
Land Size
under 1/2 acre
Built in
1910
Building
Bathrooms
Total
5
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Foundation Type
Poured Concrete
Square Footage
2852.0000
Heating & Cooling
Cooling
Ductless
Heating Type
Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Parking
Total Parking Spaces
8
Land
Other Property Information
Zoning Description
RB
Features
           Ductless
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Your Home Finance Calculation

Property Price CA $875,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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