$875,000
FOR SALE

Investment

Lot: 65.05 x 0 Total Area: 3,700 ft2
2023 Taxes: $3,234

32 Talbot St S
Norfolk, ON N3Y 2Z2 | Simcoe

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 7.2 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!
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Listed By BLUE FOREST REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8283086
Last Updated May 01, 2024
Property Summary
Property Type Investment

More like this:
PIN 502240105
Legal Description LT 1 BLK 92 PL 182; PT LT 2 BLK 92 PL 182 AS IN NR460890; S/T NR460890; NORFOLK COUNTY
Occupancy Tenant
Possession Date tenanted
Taxes (2023) $3,234
Assessment (2024) $228,000
Directions/Cross Streets Corner Of Talbot Street South & West St
Neighbourhood Simcoe
Area Norfolk
Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bathrooms 4
Lot 65.05 x 0
Total Area 3,700 ft2
Air Conditioning Other
Basement Y
Garage Type Outside/Surface
Parking Spaces 5
Heat Type Forced Air
Insurance Expense $2,640
Other Expenses $350
Sewers Sewers
Water Municipal
Zoning R3
Seller Property Info Statement Y

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