49 Kent Street N,Simcoe, ON N3Y 3S1
Simcoe, ON N3Y 3S1
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%
Details
| MLS # | 40808990 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 238 |
| Listing Provided By | Century 21 Heritage Group LTD | Kevin Allen |
Features
| SQ Feet | 10,000 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | CBD |
| Acreage | 0.18 |
Interior
| Cooling Yes / No | No |
|---|
Exterior
| Lot Features | Ample Parking, Business Centre, City Lot, Hospital, Public Transit, Schools |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Block, Poured Concrete |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 12074 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Norfolk |
| City | Simcoe |
| Postal Code | N3Y 3S1 |
| Area | Town of Simcoe |
| Subarea | Town of Simcoe |
| Community Name | Town of Simcoe |
| Listing VS Median (in Town of Simcoe) | |
Price: $1,875,000 low | high Med: $539,950 sqft: 10,000 low | high Med: 1,495 $ / sqft: $188 low | high Med: $382 On site: 238 low | high Med: 49 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Norfolk |
| City | Simcoe |
| Postal Code | N3Y 3S1 |
| Area | Town of Simcoe |
| Subarea | Town of Simcoe |
| Community Name | Town of Simcoe |
| Listing VS Median (in Town of Simcoe) | |
Price: $1,875,000 low | high Med: $539,950 sqft: 10,000 low | high Med: 1,495 $ / sqft: $188 low | high Med: $382 On site: 238 low | high Med: 49 | |
