11 Bedroom
8 Bathroom
16,600 ft2
Ductless
Heat Pump
$1,550,000
The Investments Group is pleased to present a unique mixed-use investment opportunity in Simcoe’s downtown district. This asset includes five fully completed condo-style residential units with in-suite laundry, two main-floor commercial units offering prime street exposure, and five self-contained lower-level commercial units. A significant value-add opportunity exists with the approved permit for three additional residential units on the main floor, providing investors with an NOI lift that enables takeout financing within a short timeframe. (id:61594)
Property Details
MLS® Number
|
40705885 |
Property Type
|
Multi-family |
Amenities Near By
|
Public Transit, Shopping |
Building
Bathroom Total
|
8 |
Bedrooms Total
|
11 |
Basement Development
|
Unfinished |
Basement Type
|
Full (unfinished) |
Cooling Type
|
Ductless |
Exterior Finish
|
Vinyl Siding |
Fire Protection
|
Security System |
Foundation Type
|
Poured Concrete |
Heating Type
|
Heat Pump |
Stories Total
|
2 |
Size Interior
|
16,600 Ft2 |
Utility Water
|
Municipal Water |
Parking
Land
Access Type
|
Highway Access |
Acreage
|
No |
Land Amenities
|
Public Transit, Shopping |
Sewer
|
Municipal Sewage System |
Size Depth
|
130 Ft |
Size Frontage
|
63 Ft |
Size Total Text
|
1/2 - 1.99 Acres |
Zoning Description
|
Cg |
https://www.realtor.ca/real-estate/28027037/39-kent-street-n-simcoe