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9137

MLS® 40703890

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 12250 sqft
Garage No
Taxes $14,518
Lot Size 0.236 acres
Approx. Age 
Avg. Price Per Sqft $146
MLS® Number 40703890

Property Address: 17-23 Kent St S, Simcoe, ON, N3Y2X7

Average square foot calculated using Size range provided by listing agent.

Description

CALLLING ALL INVESTORS! A rare opportunity as has come to own this giant, income generating building. With a cap rate of over 7% it will sell fast! Add this to your portfolio and settle into an early retirement. Some updates include a new roof (2020), fire alarms (2023), windows (2021, 2025) newly renovated units 19A & 19B. This building consists of 7 one bedroom, 1 bath apartments. Each has a gallery style kitchen that opens to a spacious living room, a large bedroom and bath including a front hall closet. All 7 units are upstairs separated by a beautiful brick hallway. This building also features a separate laundry room with 1 coin operated washer & dryer. (extra income). On the main floor you will find 2 newly renovated, one bedroom apartments with their own ground floor access. Also on ground level is a generous 2000 sq.Ft. Studio apartment with 20' ceilings and 2 baths, making this the perfect multiuse space. The front of the building has 2 commercial retail spaces, one 500 sq.Ft., the other 2500 sq.Ft. Both with their own bathroom. The basement is unfinished and could also provide potential income. All 12 units are occupied and well maintained. Don't waste time, inquire how this building can kickstart your retirement today! Please refer to alternate MLS 40704040Show Description
MLS® Number40703890
Laundry LevelCoin Operated
Central VacNo
FireplaceNo
Acreage0.236
Exterior
GarageNo
Approx. Age
BasementFull, Unfinished
DrivewayGravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Carbon Monoxide Detector, Smoke Detector, 10 Refrigerators & 10 Stoves In "as Is" Condition. 1 Commercial Washer And 1commercial Dryer In "as Is" Condition.

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Price History

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$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
17-23 Kent St S, Simcoe, ON

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