13 Kent Street , Norfolk, ON N3Y 1W4
Norfolk, ON N3Y 1W4
Description
Welcome To 11-13 Kent St, A Remarkable Downtown Building, With Combined Commercial & Residential Space, Currently Utilized As A Six Unit Residential, Plus One Vacant Commercial Unit, Generating Impressive Rental Income. This "Cash Cow" Property Offers An Attractive Cap Rate Of Over 9.0%! Currently Generating $71,400 Annually With One Vacant Residential Unit That Could Increase Your Income To $87,600 Per Year, Plus One Vacant Commercial Unit $$$ Perfect For Investors Seeking Substantial Rental Income Or Families Looking For Multi-Generational Living Arrangements, This Property Is Centrally Located, Offering Easy Access To Amenities and Shopping. Whether You're A Seasoned Or Novice Investor, This Multi-Unit Property Presents An Exceptional Opportunity.
Details
| Mls | X9235335 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Deal Fell Through |
| Days On Site | 130 |
| Listing Provided By | ROCK STAR REAL ESTATE INC. | Not Provided |
Features
| Beds | 5 |
|---|---|
| Baths | 7 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Norfolk |
| City | Norfolk |
| Zip Code | N3Y 1W4 |
| Area | Simcoe |
| Listing VS Median (in N3Y 1W4) | |
Price: $649,900 low | high Med: $0 On Site: 130 low | high Med: | |