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!
City: Norfolk
Neighborhood: Simcoe
Located at 32 Talbot St S , this Norfolk house was listed for $800,000. This house's size is 3500-5000 Sqft. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: Kitchen. This property comes with 5 parking spots. 32 Talbot St S, Norfolk is situated in the Simcoe neighbourhood.
MLS#: X9283484 · $800,000 · 6 bedroom house in Simcoe, Norfolk