32 Talbot Street S Norfolk (Simcoe), Ontario N3Y 2Z2
$829,900
Impressive 7.7% Cap Rate, $73,200 in gross annual income! 10% VTB available for an approved buyer, plus free property management for 1 year! Don't miss this fantastic investment opportunity in Simcoe, ON, with close proximity to grocery stores and amenities. This 4plex includes one spacious 3-bedroom and three 1-bedroom units. With strong rental income and low expenses, this property is a lucrative investment. Each unit has been thoughtfully renovated over the last couple of years with updated electrical, plumbing, new appliances, and modern finishes. The property features separate gas, hydro, and water meters keeping expenses low for the new owner. Additional highlights include a durable metal roof and ample parking for five vehicles. With reliable tenants already in place, this is a hassle-free investment. Act now to secure this well-maintained, income-generating property in Simcoe! (id:59646)
Property Details
| MLS® Number | X9283484 |
| Property Type | Multi-family |
| Community Name | Simcoe |
| Parking Space Total | 5 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Appliances | Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block, Brick, Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 153 Ft |
| Size Frontage | 65 Ft |
| Size Irregular | 65.05 X 153 Ft |
| Size Total Text | 65.05 X 153 Ft |
| Zoning Description | R3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
https://www.realtor.ca/real-estate/27344663/32-talbot-street-s-norfolk-simcoe-simcoe
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September 03 2024 11:47:43
London and St. Thomas Association of REALTORS®
Blue Forest Realty Inc.
