13 And 11 Kent Street S
Simcoe, Ontario
$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
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April 22 2022 04:03:16
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