5600 sqft
$699,919
Welcome to 14 Colborne Street North, located in the heart of the beautiful Town of Simcoe. This exceptional investment opportunity is ideal for savvy investors seeking a strong, cash-flowing asset to enhance their portfolio. The property consists of five fully occupied residential units and one leased commercial space, offering a reliable and consistent income stream. Situated in a premium, high-visibility location, the building is currently operating at an impressive cap rate of over 7%, supported by stable tenancies and solid market demand. Opportunities like this are rare—secure your chance to view this turnkey investment property before it’s gone! (id:51992)
Property Details
|
MLS® Number
|
40778815 |
|
Property Type
|
Other |
Building
|
Basement Type
|
Partial |
|
Stories Total
|
2 |
|
Size Exterior
|
5600.0000 |
|
Size Interior
|
5600 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
147 Ft |
|
Size Frontage
|
38 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Cg |
