12,100 sqft
Fully Air Conditioned
Forced Air
$999,999
Prime investment opportunity in Simcoe, Norfolk County! Located just a short walk from historic downtown, this 10-unit mixed-use building presents exceptional value-add potential for savvy investors. The property features five fully finished residential suites on the upper level generating immediate cash flow, alongside five street-level commercial spaces designed for high visibility and foot traffic. Capitalize on significant upside by finishing the main floor's commercial units, allowing you to optimize rental income and boost equity. Complete with sub-grade basement areas equipped with washroom facilities for versatile utility or storage, this multi-family asset combines immediate cash flow with strong growth potential in a prime, central location. (id:50787)
Property Details
|
MLS® Number
|
X14088424 |
|
Property Type
|
Multi-family |
|
Community Name
|
Simcoe |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Type
|
Forced Air |
|
Size Interior
|
12,100 Sqft |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Frontage
|
63 Ft |
|
Size Irregular
|
63.03 Ft |
|
Size Total Text
|
63.03 Ft |
|
Zoning Description
|
Cg |
https://www.realtor.ca/real-estate/30412896/39-kent-street-n-norfolk-simcoe-simcoe