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:57069)
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
418 Iroquois Shore Rd - Unit 102a
Oakville, Ontario L6H 0X7
(905) 361-9098
(905) 338-2727
www.rockstarbrokerage.com
Interested?
Contact us for more information
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 04 2024 08:26:01
Oakville, Milton & District Real Estate Board
Rock Star Real Estate Inc., Brokerage