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13 Kent Street Simcoe, Ontario N3Y 1W4

5 Bedroom 7 Bathroom 3557 sqft
Forced Air

$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:31697)

Property Details

MLS® Number 40628227
Property Type Multi-family
AmenitiesNearBy Public Transit, Shopping

Building

BathroomTotal 7
BedroomsTotal 5
BasementType None
ConstructionMaterial Wood Frame
ExteriorFinish Wood
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3557 Sqft
UtilityWater Municipal Water

Parking

None

Land

Acreage No
LandAmenities Public Transit, Shopping
Sewer Municipal Sewage System
SizeDepth 70 Ft
SizeFrontage 25 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Cg

https://www.realtor.ca/real-estate/27240954/13-kent-street-simcoe

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