$649,900^{FOR SALE}

Multiplex 2-Storey

Bedrooms: 5Bathrooms: 7Lot: 24.85 x 69.7 ft
2023 Taxes: $5,127.21

13 Kent St
Norfolk, ON N3Y 1W4 | Simcoe

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.

Listed By	ROCK STAR REAL ESTATE INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9235335
Last Updated	Oct 08, 2024

Property Summary

Property Type	Multiplex More like this: Norfolk Multiplex for Sale
Legal Description	PT LT 4 BLK 96 PL 182 AS IN NR547463 S/T NR547463 NORFOLK COUNTY
Possession Date	Flexible
Taxes (2023)	$5,127.21
Directions/Cross Streets	Argyle Street/Norfolk Street S
Neighbourhood	Simcoe
Area	Norfolk

Price History

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Detailed Information

Fronting On	E
Special Designations	Unknown
Bedrooms	5
Bathrooms	7
Rooms	15
Kitchens	6
Lot	24.85 x 69.7 ft
Acreage	<.50
Approximate Square Footage	3500-5000
Approximate Age	100+
Exterior	Wood
Elevator	N
Air Conditioning	Other
Family Room	N
Fireplace/Stove	N
Pool	None
Basement	None
Drive	None
Garage Spaces	0.0
Garage Type	None
Total Parking Spaces	0.0
Heat Source	Gas
Heat Type	Forced Air
Sewers	Sewers
Water	Municipal
Zoning	C
Seller Property Info Statement	N

Bathrooms

Pieces	Level
4
2

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13 Kent St, Norfolk, ON N3Y 1W4

Multiplex 2-Storey

13 Kent St Norfolk, ON N3Y 1W4 | Simcoe

13 Kent St
Norfolk, ON N3Y 1W4 | Simcoe