About 13 And 11 Kent Street S
This 5 unit building (1 commercial and 4 residential) has been totally renovated in the last 2 years. Rents are gross as the owner pays the utilities. 5 new gas furnaces. 6 bathrooms. Commercial $1350, Upper unit 1 $1200, Upper unit 2 $1350 (vacant and available to show), Unit 3 Main floor at the back $1350 , Back upper unit 4 (loft) $1500 2 bedroom (vacant and available to show). Gross rent $81000. Expenses: Taxes $5541, utilities $7200, insurance $4000.. Net income $64259. 8% cap rate. Concrete and mason construction with wood siding.
Features of 13 And 11 Kent Street S
| MLS® # | 40236786 |
|---|---|
| Price | $800,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Square Footage | 4,000 |
| Type | Residential Income |
| Sub-Type | Multi-5 Unit |
| Status | Active |
Community Information
| Address | 13 And 11 Kent Street S |
|---|---|
| Area | Town of Simcoe |
| Subdivision | Town of Simcoe |
| City | Simcoe |
| County | Norfolk |
| Province | ON |
| Postal Code | N3Y 2X7 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | Separate Heating Controls |
|---|---|
| Appliances | Refrigerator, Stove |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Lot Description | Urban, None |
|---|---|
| Roof | Metal |
| Construction | Block |
| Foundation | Slab |
Additional Information
| Days on Market | 69 |
|---|
Listing Details
| Agent | William Austin |
|---|---|
| Office | Royal LePage Action Realty |