$649,900

13 Kent St

Simcoe, Norfolk, Ontario, N3Y 1W4

| | 3,500 sq.ft. | Year Built: 100+ |
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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.

Property Info
MLS®: X9235335
Listing Courtesy of ROCK STAR REAL ESTATE INC.
Total Bedrooms 5
Total Bathrooms 7
Floor Space 3500 sq.ft.
Lot Size 1732 sq.ft.
Style 2-Storey
Last Updated 2024-08-01
Property Type Multiplex
Listed Price $649,900
Unit Pricing $186/sq.ft.
Strata Fee $
Tax Estimate $5,127/Year
Year Built 100+
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