49 KENT Street N, Simcoe, Ontario, N3Y3S1
MLS: 40808990 | Other
$1,875,000
Property Description
A Great cash flowing property in a prime downtown location in Simcoe making it a perfect addition to any investor's portfolio. This Property consists of 4 Commercial and 6 Residential units on second floor. Residential Units vary in size, as Unit 1 has four bedrooms, Unit 2 and 5 have two bedrooms, and Units 3,4 and 6 are one bedroom/bachelors. All units feature a Full Kitchen & Bathroom. Commercial units are fully rented with top notch finishes. Other upgrades include; New Luxury vinyl Flooring, New Additional Gas Furnace . New Bathroom plumbing, toilet and sink. Unit 2 ( 2 bedroom apt) has New Windows. Drywall, New Carpet; the list goes on and on. Highly Profitable and easy to Manage. Great cash flowing building in prime downtown location across from Simcoe's Top health and fitness centre & Salon. Fully tenanted. Commercial units all fully renovated. Massive front courtyard could be a great food truck location. Highly profitable and easy to manage with a cap rate of 7.8% (id:64974)
Quick Facts
- Property Type: Other
- Bedrooms: None
- Bathrooms: None
- Living Area: 10,000 sq ft (929.0 m²)
- Ownership: Freehold
- Frontage: 63 ft (19.2 m)
Costs
- Annual Taxes: $12,074.00
Listing Provided by: Century 21 Heritage Group LTD
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Basement: Partial
Exterior & Construction
- Exterior: Brick
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 63 ft (19.2 m)
- Zoning: CBD
Community & Neighbourhood
- Subdivision: Town of Simcoe
Listing Information
Listing History
MLS listing activity for 49 KENT Street N, Simcoe, Ontario, N3Y3S1 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Mortgage & Cost Calculators
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49 KENT Street N, Simcoe, Ontario, N3Y3S1