7.9% Cap Rate and most units already renovated and with market rent! For sale with neighbouring property which is attached but in different name to avoid merging of titles which makes your financing much easier. Financials are in the supplements. This building has 5 units and the building beside has 7 for a total of 12 units. (5 commercial & 7 residential). NOI is currently $135,968/yr for both buildings with more room for improvement. (id:19593)
MLS® Number | 40509763 |
Property Type | Other |
Amenities Near By | Hospital, Schools |
Community Features | High Traffic Area |
Equipment Type | Water Heater |
Rental Equipment Type | Water Heater |
Sign Type | None |
Basement Type | Partial |
Stories Total | 2 |
Size Exterior | 4800.0000 |
Utility Water | Municipal Water |
Detached Garage |
Acreage | No |
Land Amenities | Hospital, Schools |
Sewer | Municipal Sewage System |
Size Depth | 114 Ft |
Size Frontage | 40 Ft |
Size Irregular | 0.1 |
Size Total | 0.1 Ac|under 1/2 Acre |
Size Total Text | 0.1 Ac|under 1/2 Acre |
Zoning Description | Cg |
https://www.realtor.ca/real-estate/26255387/60-robinson-street-simcoe
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