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:46441)
| MLS® Number | 40808990 |
| Property Type | Other |
| Amenities Near By | Hospital, Public Transit, Schools |
| Basement Type | Partial |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Stories Total | 2 |
| Size Exterior | 10000.0000 |
| Size Interior | 10000 Sqft |
| Utility Water | Municipal Water |
| 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
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