17-23 Kent Street S Active Save Request In-Person Tour Request Virtual Tour
Simcoe,ON N3Y 2X7
Key Details
Property Type Commercial
Sub Type Mixed,Building Only
Listing Status Active
Purchase Type For Sale
Square Footage 12,250 sqft
Price per Sqft $146
MLS Listing ID 40704040
Abv Grd Liv Area 12,250
Originating Board Simcoe
Annual Tax Amount $14,518
Lot Size 10,280 Sqft
Acres 0.236
Property Sub-Type Mixed,Building Only
Property 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 the 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 40703890
Location
Province ON
County Norfolk
Area Town Of Simcoe
Zoning CG
Direction North on Norfolk St, right on Robinson, left on Kent. Property on the left #17-23.
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Appliance Refrigerator,Stove
Exterior
Parking Features Gravel
Lot Frontage 79.8
Garage No
Building
Lot Description Irregular Lot,City Lot,Hospital,Library,Place of Worship,Playground Nearby,Public Parking,Public Transit,Rec./Community Centre,School Bus Route,Schools
Faces North on Norfolk St, right on Robinson, left on Kent. Property on the left #17-23.
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 502250136
Ownership Freehold/None