49 Kent Street N Simcoe, Ontario N3Y 3S1

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:48169)

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

Contact Us

Contact us for more information

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Kevin Allen
Salesperson

(226) 777-7067

Century 21 Heritage Group Ltd
41 Kent St North
Simcoe, Ontario N3Y 4S1

(226) 777-7067

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