$800,000
FOR SALE

Multiplex 2-Storey

Bedrooms: 6Bathrooms: 4Lot: 65.05 x 153 ft
2023 Taxes: $3,234

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

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!
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Listed By BLUE FOREST REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9283484
Last Updated Sep 27, 2024
Property Summary
Property Type Multiplex

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
Possession Date FLEXIBLE
Taxes (2023) $3,234
Assessment (2024) $228,000
Directions/Cross Streets Talbot St S + West St
Neighbourhood Simcoe
Area Norfolk
Price History

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Detailed Information
Fronting On N
Special Designations Unknown
Bedrooms 6
Bathrooms 4
Rooms 14
Kitchens 4
Lot 65.05 x 153 ft
Approximate Square Footage 3500-5000
Approximate Age 100+
Exterior Vinyl Siding
Air Conditioning Central Air
Family Room N
Fireplace/Stove N
Pool None
Basement Unfinished
Drive Available
Garage Spaces 0.0
Garage Type None
Parking Spaces 5
Total Parking Spaces 5.0
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Water Municipal
Zoning R3
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
KitchenMain5.48 m x 3.91 m (17.98 ft x 12.83 ft)
Bathrooms
Pieces Level
4
3

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