CALLLING ALL INVESTORS! A rare opportunity as has come to own this giant, income generating building. With a cap rate of 13% it will sell fast! Add this to your portfolio and settle into an early retirement. Some updates include a new roof (2020), fire alarms (2023), windows (2021, 2025) newly renovated units 19A & 19B. This building consists of 7 one bedroom, 1 bath apartments. Each has a gallery style kitchen that opens to a spacious living room, a large bedroom and bath including a front hall closet. All 7 units are upstairs separated by a beautiful brick hallway. This building also features a separate laundry room with 1 coin operated washer & dryer. (extra income). On the main floor you will find 2 newly renovated, one bedroom apartments with their own ground floor access. Also on ground level is a generous 2000 sq.ft. studio apartment with 20' ceilings and 2 baths, making this the perfect multiuse space. The front of the building has 2 commercial retail spaces, one 500 sq.ft., the other 2500 sq.ft. both with their own bathroom. The basement is unfinished and could also provide potential income. All 12 units are occupied and well maintained. Don't waste time, inquire how this building can kickstart your retirement today! Please refer to Alternate MLS 40703890. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
80 x 0 ft
Amenities Nearby
Hospital, Place of Worship, Playground, Public Transit, Schools
Community Features
Community Centre, School Bus
Features
Crushed stone driveway
Listing Contract Date
2025-03-06
Location Description
North on Norfolk St, right on Robinson, left on Kent. Property on the left #17-23.
Ownership Type
Freehold
# of Parking Spaces
7
Property Type
Other
Transaction Type
For sale
Zoning Description
CG
Building
Basement Type
Full
Exterior Finish
Brick
Fire Protection
Alarm system
Foundation Type
Poured Concrete
Stories Total
2
Size (Exterior)
10290
Utility Water
Municipal water
Land
Total Size
0.236 acres
Access Type
Road access
Amenities
Hospital, Place of Worship, Playground, Public Transit, Schools
Sewer
Municipal sewage system
Size of Irregular Land
0.236
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