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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!
City: Norfolk
Neighborhood: Simcoe
Purchase Price | $799900 |
Down Payment | $159980 |
Mortgage Insurance | $0 |
Total Mortgage | $639920 |
Mortgage Payment | $3943 |
Property Taxes | $270 |
Maintenance Fees | $0 |
Monthly Payment | $4213 |
Located at 32 Talbot St S , this Norfolk house is available for sale. This property was listed for $799,900 on Thu Jan 02 2025. This house's size is 3500-5000 Sqft. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 5 parking spots. 32 Talbot St S, Norfolk is situated in the Simcoe neighbourhood.
MLS#: X11903982 · $799,900 · 6 bedroom house in Simcoe, Norfolk