32 TALBOT STREET S, Norfolk, Ontario, N3Y2Z2
Property TypeMulti-family

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:15069)

Parking Spaces5TransactionFor sale
Zoning DescriptionR3
Bedrooms Main level6AppliancesWater Heater, Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two stoves, Washer
Basement DevelopmentUnfinishedBasementN/A (Unfinished)
CoolingCentral air conditioningExterior FinishVinyl siding
FoundationBlock, Brick, Poured ConcreteBathrooms (Total)4
Heating FuelNatural gasHeatingForced air
Storeys Total2TypeOther
Utility WaterMunicipal water
Size Frontage65 ftSewerSanitary sewer
Size Depth153 ftSize Irregular65.05 x 153 FT
Level Type Dimensions
Main levelKitchen5.48 m x 3.91 m


Data Provided by London and St. Thomas Association of REALTORS®

Last Modified :14/06/2024 10:54:30 PM

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