$769,900
PRICE
6
BEDROOMS
4
BATHROOMS
X12139457
MLSID
85 Kent Street, Norfolk
ANNUAL INCOME OF $74,400 with an 8.3 cap rate! This turn-key, low maintenance, cash flowing Fourplex located in Simcoe is on a double lot with plenty of parking. A++ tenants with spacious units and each unit has it's own 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 opportunity.
Summary
Address
85 Kent Street
City
Community
Street
MLSID
X12139457
Property Type
Fourplex
Property Category
Bedrooms
6
Bathrooms
4
Kitchens
4
Zoning
RB
Taxes (Annual)
$3,800.00
Tax Year
2024
Published
May 10, 2025
Days on Market
81 Days
Possession Type
90+ Days
Possession Details
90 Days
Inclusions
4 stoves, 4 dishwashers, 4 refrigerators, washer, dryer
Exclusions
Tenants belongings
Details
Property Features
Hospital, Library, Park, Place Of Worship, School
Parking Spaces
6
Parking Total
6
Parking Features
Other
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Concrete, Wood
Lot Width
67 Feet
Lot Depth
124 Feet
Water
Municipal
Heat Source
Other
Heat Type
Heat Pump
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE TRILAND REALTY