Listed by Rock Star Real Estate Inc..

13 Kent Street is a Multiplex, 2-Storey and is currently for Sale @ $649,900. Taxes in 2023 were $5,127.21.

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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. The 2-Storey on 13 Kent Street has 5 bedrooms, 7 bathrooms, and is located on a 69.70 x 24.85 ft loton < .50 acres in the community of Simcoe . 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.

The address 13 Kent Street was listed for sale (MLS# X9235335) on Thursday, August 01, 2024.