32 Talbot Street S Norfolk, Ontario N3Y 2Z2

6 Bedroom 4 Bathroom
Central Air Conditioning Forced Air


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:19173)

Property Details

MLS® Number X8366678
Property Type Multi-family
Community Name Simcoe
Parking Space Total 5


Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two Stoves, 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


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


Level Type Dimensions


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