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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:53271)
| MLS® Number | 40560094 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Park, Place Of Worship |
| Parking Space Total | 5 |
| 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 |
| 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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Call: 519-535-4243
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