32 Talbot

Home Details

Description

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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Additional media

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Property taxes

$3,234.00 per year / $269.50 per month

Basement

Unfinished

Year build

100+

Type

Multiplex

Bedrooms

6

Bathrooms

4

Parking spots

5.0 Total

Floor

-

Balcony

-

Pool

None

External material

Vinyl Siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced Air

Fire place(s)

N