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ANNUAL INCOME OF $74,400 with a 7.8 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.
4 stoves, 4 dishwashers, 4 refrigerators, washer, dryer
City: Norfolk
Neighborhood: Simcoe
Purchase Price | $800000 |
Down Payment | $160000 |
Mortgage Insurance | $0 |
Total Mortgage | $640000 |
Mortgage Payment | $3944 |
Property Taxes | $317 |
Maintenance Fees | $0 |
Monthly Payment | $4261 |
Located at 85 Kent St N , this Norfolk house is available for sale. This property was listed for $789,900 on Mon Jun 02 2025. This house's size is 3000-3500 Sqft. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 85 Kent St N, Norfolk is situated in the Simcoe neighbourhood.
MLS#: X12139457 · $789,900 · 6 bedroom house in Simcoe, Norfolk