$829,900

32 Talbot St S

Simcoe, Norfolk, Ontario, N3Y 2Z2

| | | 3,500 sq.ft. | Year Built: 100+ |
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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!

Property Info
MLS®: X9283484
Listing Courtesy of BLUE FOREST REALTY INC.
Total Bedrooms 6
Total Bathrooms 4
Floor Space 3500 sq.ft.
Lot Size 9953 sq.ft.
Style 2-Storey
Last Updated 2024-08-29
Property Type Multiplex
Listed Price $829,900
Unit Pricing $237/sq.ft.
Strata Fee $
Tax Estimate $3,234/Year
Year Built 100+
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