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32 Talbot Street S Norfolk, Ontario N3Y 2Z2

6 Bedroom 4 Bathroom
Central Air Conditioning Forced Air

$850,000

Seller willing to hold up to $50,000 VTB for an approved buyer (First year 0% interest, second year 10% interest), FREE property management for 1 year, and 1 unit (1 bedroom) vacant for July 1st! Welcome to this fantastic investment opportunity in Simcoe, ON with close proximity to grocery stores and amenities! This 4plex offers a mix of units including one spacious 3-bedroom and three cozy 1-bedroom units. Boasting strong rental income and low expenses, this property is listed at a 7.4 cap, making it a lucrative investment. Each unit has been thoughtfully renovated over the last couple years, featuring updated electrical, plumbing, new appliances, and all new finishes. The property offers separate gas, hydro, and water meters - keeping the expenses low for the new owner. Additional features include a durable metal roof and ample parking with space for five vehicles. The current tenants are reliable, making this a hassle-free investment opportunity. Don't miss out on the chance to own this well-maintained and income-generating property in Simcoe! (id:18082)

Property Details

MLS® Number X8366678
Property Type Multi-family
Community Name Simcoe
ParkingSpaceTotal 5

Building

BathroomTotal 4
BedroomsAboveGround 6
BedroomsTotal 6
Appliances Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two Stoves, Washer
BasementDevelopment Unfinished
BasementType N/a (unfinished)
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FoundationType Block, Brick, Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Other
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 153 Ft
SizeFrontage 65 Ft
SizeIrregular 65.05 X 153 Ft
SizeTotalText 65.05 X 153 Ft
ZoningDescription R3

Rooms

Level Type Dimensions

https://www.realtor.ca/real-estate/26935353/32-talbot-street-s-norfolk-simcoe

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