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32 Talbot Street S Simcoe, Ontario N3Y 2Z2

6 Bedroom 4 Bathroom 3700
Central Air Conditioning, Ductless Forced Air, Heat Pump

$875,000

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 7.2 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:46638)

Property Details

MLS® Number 40560094
Property Type Multi-family
Amenities Near By Golf Nearby, Park, Place Of Worship
Parking Space Total 5

Building

Bathroom Total 4
Bedrooms Total 6
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1860
Cooling Type Central Air Conditioning, Ductless
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air, Heat Pump
Stories Total 2
Size Interior 3700
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Golf Nearby, Park, Place Of Worship
Sewer Municipal Sewage System
Size Frontage 65 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3

https://www.realtor.ca/real-estate/26660088/32-talbot-street-s-simcoe

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Blue Forest Realty Inc.
931 Oxford Street East
London, Ontario N5Y 3K1

(519) 649-1888
www.soldbyblue.ca/
https://www.facebook.com/soldbyblue
https://twitter.com/BLUEForestRE

Blue Forest Realty Inc.
931 Oxford Street East
London, Ontario N5Y 3K1

(519) 649-1888
www.soldbyblue.ca/
https://www.facebook.com/soldbyblue
https://twitter.com/BLUEForestRE