The Investments Group is pleased to present a unique mixed-use investment opportunity in Simcoes downtown district. This asset includes five fully completed condo-style residential units with in-suite laundry, two main-floor commercial units offering prime street exposure, and five self-contained lower-level commercial units. A significant value-add opportunity exists with the approved permit for three additional residential units on the main floor, providing investors with an NOI lift that enables takeout financing within a short timeframe. (id:49269)
MLS® Number | X12020402 |
Property Type | Multi-family |
Community Name | Simcoe |
CoolingType | Fully Air Conditioned |
HeatingFuel | Electric |
HeatingType | Forced Air |
SizeInterior | 12100 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 129 Ft ,9 In |
SizeFrontage | 63 Ft |
SizeIrregular | 63 X 129.82 Ft |
SizeTotalText | 63 X 129.82 Ft |
ZoningDescription | Cg |
https://www.realtor.ca/real-estate/28027320/39-kent-street-n-norfolk-simcoe-simcoe
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