Norfolk, ON N3Y 1W4,13 Kent ST
Norfolk, ON N3Y 1W4,13 Kent ST
Norfolk, ON N3Y 1W4,13 Kent ST
Norfolk, ON N3Y 1W4,13 Kent ST
Norfolk, ON N3Y 1W4,13 Kent ST
Norfolk, ON N3Y 1W4,13 Kent ST
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$654,000

$649,900

0.6%
Est.Price: ?

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Est. payment /mo

5 Beds

7 Baths


SOLD DATE : 10/17/2024

Key Details

Sold Price $654,000

Property Type Multi-Family

Sub Type Multiplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 3500-5000

MLS Listing ID X9235335

Sold Date 10/17/24

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,127

Tax Year 2023

Property Description

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.

Location

Province ON

County Norfolk

Zoning C

Rooms

Family Room No

Basement None

Kitchen 6

Interior

Interior Features Other

Cooling Other

Exterior

Garage None

Pool None

Roof Type Flat

Parking Type None

Building

Foundation Concrete Block, Stone

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Listed by ROCK STAR REAL ESTATE INC.
agent-avatar

+1(416) 823-0484

ruben@rockstarbrokerage.com

418 Iroquois Shore Rd Suite 103, Oakville, L6H, 0X7, Canada

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