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:35492)
MLS® Number | 40628227 |
Property Type | Multi-family |
Amenities Near By | Public Transit, Shopping |
Bathroom Total | 7 |
Bedrooms Total | 5 |
Basement Type | None |
Construction Material | Wood Frame |
Exterior Finish | Wood |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 3557 Sqft |
Utility Water | Municipal Water |
None |
Acreage | No |
Land Amenities | Public Transit, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 70 Ft |
Size Frontage | 25 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | Cg |
https://www.realtor.ca/real-estate/27240954/13-kent-street-simcoe
Contact us for more information
Dan Jarnevic
Salesperson
(905) 361-9098
(905) 338-2727
www.rockstarbrokerage.com