10,000 ft2
$1,875,000
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:50976)
Property Details
|
MLS® Number
|
40808990 |
|
Property Type
|
Other |
|
Amenities Near By
|
Hospital, Public Transit, Schools |
Building
|
Basement Type
|
Partial |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Stories Total
|
2 |
|
Size Exterior
|
10000.0000 |
|
Size Interior
|
10,000 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
124 Ft |
|
Size Frontage
|
63 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Cbd |
https://www.realtor.ca/real-estate/29422386/49-kent-street-n-simcoe
