12 Days on Market

72 Kent St, Simcoe, Ontario N3Y 3S4

$875,000
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Townhouse
-
4
~2852 sqft

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Highlights

Estimated Value$705,000*

Price/Sqft$306/sqft

Days On Market12 days

Est. Mortgage$3,758/mth

Tax Amount (2021)$3,248/yr

*Last updated on: 24/05/17

Description

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.


Property Details

StyleResidential Income
View-
Age of property1910
SqFt~2852 SqFt
Lot Size8,303 SqFt(124.17 x 66.87)
Parking Spaces8
MLS ®Number40583901
Community NameNorfolk County
Board NameITSO

Features

Heating: Heat Pump
Cooling: Ductless
Basement: Separate Entrance, Partial, Unfinished

Features

Lot size: 8,303 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

Now
Listed for$875,000
12 days on market
history photo preview26
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Property listed by ROYAL LEPAGE TRILAND REALTY, Brokerage
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