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)
| MLS® Number | 40628227 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Shopping |
| 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 |
| None |
| 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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