40583901 | 72 Kent Street

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72 Kent Street
Simcoe ON , N3Y 3S4 , Canada

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Minna Nguyen

Sales Representative

Phone: 519.672.9880

My Website

Email Me

Royal LePage Triland Realty

Brokerage:

103 - 240 Waterloo Street

London, ON
N6B 2N4

Phone: 519.672.9880

Fax: 519.672.5145

Company Website

$875,000.00

MLS® 40583901

Investment

Lot Frontage:	66.87 Feet
Lot Depth:	124.17 Feet
No. of Parking Spaces:	8
Floor Space (approx):	2852 Square Feet
Built in:	1910
Total Bedrooms:	5
Zoning:	RB

Remarks:

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.

Inclusions: Other,4 Fridges, 4 Stoves, 4 Hwt, 4 Washer, 4 Dryers, 4 Dishwashers

Exclusions: Tenant's Belongings

Property Features:

Basement: Separate Entrance , Partial , Unfinished
Construction Materials: Aluminum Siding
Cooling: Ductless
Heating: Heat Pump
Interior Features: Separate Hydro Meters
Acres Range: < 0.5
Driveway Parking: Outside/Surface/Open
Laundry Features: Common Area
Lot Features: Hospital , Park , Schools
Roof: Asphalt Shing
Sewer: Sewer (Municipal)
Water Source: Municipal

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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