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5
BEDROOMS7
BATHROOMS6
KITCHENS15
ROOMSX9235335
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-01 | 2024-10-16 | 76 | $649,900 | $654,000 | Sold |
| 2024-07-15 | 2024-08-01 | 17 | $669,000 | - | Terminated |
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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.
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
25' x 70'
Acreage
< .50
Fronting
East
Taxes
$5,127 (2023)
Basement
None
Exterior
Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Driveway
None
Garage Type
None
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