Property Description for 32 TALBOT STREET S
Seller willing to hold up to $50,000 VTB for an approved buyer (First year 0% interest, second year 10% interest), FREE property management for 1 year, and 1 unit (1 bedroom) vacant for July 1st! 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 7.4 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! (id:38686)
Tour this home
Property Details
Property Tax
: $3,234 (2024)MLS® #
: X8366678
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: Forced air, Natural gasBasement
: Unfinished, N/A
Utilities
Sewer
: Sanitary sewer
Other
Exterior Features
: Vinyl siding
Mortgage Calculator
Similar Listings in Norfolk
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, 'screen scraping', 'database scraping', and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This listing content is operated by REALTOR® members of The Canadian Real Estate Association. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.