Norfolk - Simcoe
Norfolk - Simcoe
Listed For $669,000
Get Pre-approvedTerminated Aug 2024
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.
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* Values are estimates only and not a guarantee of lending or affordability.