Homes for sale - 85 Kent Street N, Simcoe, ON N3Y 3S3

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Chris Adams

chris.adams@easyhometeam.ca +1(519) 804-1978

Listed by Minna Nguyen • ROYAL LEPAGE TRILAND REALTY

$ 779,900

Est. payment | -/mo

6 Beds

4 Baths

3,269 SqFt

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$ 779,900

Est. payment | -/mo

Save

6 Beds

4 Baths

3,269 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,269 sqft

Price per Sqft $238

MLS Listing ID 40741672

Bedrooms 6

Abv Grd Liv Area 3,269

Year Built 1887

Annual Tax Amount $3,800

Property Sub-Type Multi-4 Unit

Source Hamilton - Burlington

Property Description

ANNUAL INCOME OF $74,400. This low maintenance, cash flowing Fourplex located in Simcoe has an impressive cap rate of 8.3%! Offering a 4 unit building situated on a double lot, the building features four spacious units, each with its own hydro meter and currently fully rented to high-quality A+ tenants. The property has undergone extensive renovations and updates, ensuring peace of mind for any investor. Key improvements include a new roof (2020), upgraded electrical (2019), and modern plumbing (2017). Additionally, there's potential for extra income with coin-operated laundry facilities on-site. Located in the heart of Simcoe, this Fourplex is conveniently close to local amenities, including the Norfolk Golf Club and is a quick drive to Port Dover. Don't miss out on this fantastic investment opportunity—act quickly to secure your future!

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning CRB

Direction YOUNG AND KENT STREET N

Rooms

Basement Partial, Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Baseboard

Cooling Wall Unit(s)

Fireplace No

Appliance Dishwasher, Refrigerator, Stove

Laundry Coin Operated, Common Area

Exterior

Roof Type Asphalt Shing

Lot Frontage 85.62

Lot Depth 118.97

Garage No

Building

Lot Description Hospital, Park, Schools

Faces YOUNG AND KENT STREET N

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding,Wood Siding

New Construction No

Others

Senior Community No

Tax ID 502250041

Ownership Freehold/None

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Chris Adams

Broker

chris.adams@easyhometeam.ca

+1(519) 804-1978

1440 King Street North St. Jacobs, ON, N0B, 2N0, CAN

85 Kent Street N Simcoe, ON N3Y 3S3

Chris Adams

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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85 Kent Street N