13 Kent Street Simcoe, Ontario N3Y 1W4
$649,900
Welcome To 11-13 Kent St, A Remarkable Downtown Building, With Combined Commercial & Residential Space, Currently Utilized As A Six Unit Residential, Plus One Vacant Commercial Unit, Generating Impressive Rental Income. This Cash Cow Property Offers An Attractive Cap Rate Of Over 9.0%! Currently Generating $71,400 Annually With One Vacant Residential Unit That Could Increase Your Income To $87,600 Per Year, Plus One Vacant Commercial Unit $$$ Perfect For Investors Seeking Substantial Rental Income Or Families Looking For Multi-Generational Living Arrangements, This Property Is Centrally Located, Offering Easy Access To Amenities and Shopping. Whether You're A Seasoned Or Novice Investor, This Multi-Unit Property Presents An Exceptional Opportunity. (id:59646)
Property Details
| MLS® Number | 40628227 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Shopping |
Building
| Bathroom Total | 7 |
| Bedrooms Total | 5 |
| Basement Type | None |
| Construction Material | Wood Frame |
| Exterior Finish | Wood |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3557 Sqft |
| Utility Water | Municipal Water |
Parking
| None |
Land
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 70 Ft |
| Size Frontage | 25 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Cg |
https://www.realtor.ca/real-estate/27240954/13-kent-street-simcoe
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August 04 2024 08:26:01
Oakville, Milton & District Real Estate Board
Rock Star Real Estate Inc., Brokerage
