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$800,000
Status: For Sale
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!
| Property Type | :Residential |
|---|---|
| MLS Number | :X9283484 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :27 Sep, 2024 (54 Days ago) |
| Source | :TRREB |
| Area | :Norfolk |
|---|---|
| Postal Code | : N3Y 2Z2 |
| Price | : $800,000 |
|---|---|
| Property Taxes | :$3234.00 |
| Tax Year | :2023 |
|---|
| Bedrooms | :6 + |
|---|---|
| No. of Rooms | :14 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Talbot St S + West St |
| Bathrooms | :4 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :3500-5000 sqft |
| Kitchen | :5.48 m x 3.91 m |
|---|
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :5 |
| Basement | :Unfinished |
| Garage | :None |
|---|
27 Sep, 2024
TREB #X9283484
Price Change, Available
$800000.0
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$800,000
32 Talbot St S, Norfolk, Ontario
Listing ID #X9283484
Price drop by $50,000
Price drop by $50,000