$800,000
32 Talbot ST S Norfolk, ON N3Y 2Z2
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$800,000
Est. payment /mo
6 BD
4 BA
Active
32 Talbot ST S Norfolk, ON N3Y 2Z2
UPDATED:
09/27/2024 07:39 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X9283484
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,234
Tax Year 2023
Property Description
Impressive 8.19% Cap Rate, $73,200 in gross annual income! 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!
Location
State ON
County Norfolk
Area Simcoe
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Available
Garage Spaces 5.0
Pool None
Waterfront No
Roof Type Metal
Parking Type None
Total Parking Spaces 5
Building
Foundation Block, Brick, Poured Concrete
Listed by BLUE FOREST REALTY INC.
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