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49 KENT Street N

Town of Simcoe, Simcoe, N3Y3S1

Listed by Century 21 Heritage Group LTD

$1,875,000

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  • 10000 sq ft

Listed 232 days ago · MLS® 40808990

About this home

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:66966)

Details

Type
Other
Size
10000 sq ft
Basement
Partial
Property tax
$12,074
Neighbourhood
Town of Simcoe
Municipality
Simcoe

Interior

Fireplace
No

Heating, cooling and services

Water and sewer
Municipal sewage system

Building and exterior

Foundation
Poured Concrete
Outdoor
Brick
Building area
10,000 square feet

Location

Location is approximate. See nearby homes on the map

Listed by Century 21 Heritage Group LTD.

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