13 Kent Street, Simcoe
- Bedrooms: 5
- Bathrooms: 7
- Living area: 3557 square feet
- MLS®: 40628227
- Added: 37 days ago
- Updated: 34 days ago
- Last Checked: 5 hours ago
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:1945)
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Property Details
- Heating: Forced air, Natural gas
- Stories: 2
- Exterior Features: Wood
- Foundation Details: Block
- Construction Materials: Wood frame
Interior Features
- Basement: None
- Living Area: 3557
- Bedrooms Total: 5
- Above Grade Finished Area: 3557
- Above Grade Finished Area Units: square feet
- Above Grade Finished Area Source: Other
Exterior & Lot Features
- Water Source: Municipal water
- Parking Features: None
Location & Community
- Directions: Argyle Street/Norfolk Street S
- Common Interest: Freehold
- Subdivision Name: Town of Simcoe
Utilities & Systems
- Sewer: Municipal sewage system
Tax & Legal Information
- Tax Annual Amount: 5127.21
- Zoning Description: CG
Additional Features
- Number Of Units Total: 7
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