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$799,900
Available - For Sale
Listing ID: X11903982
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!
Price $799,900
Taxes: $3,234
Address: 32 Talbot St South , Norfolk, N3Y 2Z2, Ontario
Lot Size: 65.05 x 153 (Feet)
Directions/Cross Streets: Talbot St S + West St
Rooms: 14
Bedrooms: 6
Washrooms: 4
Kitchens: 4
Family Room: N
Basement: Unfinished
No. of Pieces Level
Washroom 1:  4
Washroom 2:  3
Property Type: Multiplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 5
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3500-5000
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Sewers: Sewers
Water: Municipal
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BLUE FOREST REALTY INC.

32 Talbot St South , Norfolk, N3Y 2Z2, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Simcoe
Style: 2-Storey
Lot Size: 65.05 x 153.00(Feet)
Approximate Age: 100+
Tax: $3,234
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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