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39 KENT STREET N, Norfolk (Simcoe) — listed at $999,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
Prime investment opportunity in Simcoe, Norfolk County! Located just a short walk from historic downtown, this 10-unit mixed-use building presents exceptional value-add potential for savvy investors. The property features five fully finished residential suites on the upper level generating immediate cash flow, alongside five street-level commercial spaces designed for high visibility and foot traffic. Capitalize on significant upside by finishing the main floor's commercial units, allowing you to optimize rental income and boost equity. Complete with sub-grade basement areas equipped with washroom facilities for versatile utility or storage, this multi-family asset combines immediate cash flow with strong growth potential in a prime, central location. (id:60164)
How is the home heated? Is it efficient?+
Heating is forced air. Ask for past utility bills to understand real heating costs.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $15,124.72, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
Who is 39 KENT STREET N best suited for?+
With null bedrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is there air conditioning?+
Yes — fully air conditioned cooling is in place.
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