12,100 ft2
Fully Air Conditioned
Forced Air
$1,459,000
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. (id:60626)
Property Details
MLS® Number
|
X12020402 |
Property Type
|
Multi-family |
Community Name
|
Simcoe |
Building
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Electric |
Heating Type
|
Forced Air |
Size Interior
|
12,100 Ft2 |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
129 Ft ,9 In |
Size Frontage
|
63 Ft |
Size Irregular
|
63 X 129.82 Ft |
Size Total Text
|
63 X 129.82 Ft |
Zoning Description
|
Cg |