LOADING

13 And 11 Kent Street S Simcoe, Ontario

6 Bedroom 6 Bathroom 4000
None Forced Air

$949,900

This 5 unit building (1 commercial and 4 residential) has been totally renovated in the last 2 years. Rents are gross as the owner pays the utilities. 5 new gas furnaces. 6 bathrooms. Commercial $1350, Upper unit 1 $1200, Upper unit 2 $1350 (vacant and available to show), Unit 3 Main floor at the back $1350 , Back upper unit 4 (loft) $1500 2 bedroom (vacant and available to show). Gross rent $81000. Expenses: Taxes $5541, utilities $7200, insurance $4000.. Net income $64259. 6.8% cap rate. Concrete and mason construction with wood siding. (id:28103)

Property Details

MLS® Number 40236786
Property Type Multi-family
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Bathroom Total 6
Bedrooms Total 6
Basement Type None
Construction Material Concrete Block, Concrete Walls
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Concrete
Fire Protection None
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 4000
Utility Water Municipal Water

Parking

None

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 25 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rc

https://www.realtor.ca/real-estate/24304765/13-and-11-kent-street-s-simcoe

Interested?

Contact us for more information


Generating Captcha

Your Favourites

 

No Favourites Found

 

Hello, I'm Domenic!

I share information on the new listings before they go onto Realtor.ca

Get these in your inbox.