39 Kent Street, Norfolk, ON N3Y 3S1

Norfolk N3Y 3S1 Ontario

MLS: X12020402

$1,550,000

Added 37 days ago | For Sale

Listed by: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 63 X 129.82
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Argyle & Hwy 24
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $15124.72
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12020402

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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