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:4555)
PROPERTY SPECS
Listing ID 40560094
Address 32 TALBOT Street S
City Simcoe, ON
Price $875,000
Bed / Bath 6 / 4 Full
Construction Vinyl siding
Type Fourplex
Status For sale
EXTENDED FEATURES
Year Built1860BasementFullBasement DevelopmentUnfinishedParking5Amenities NearbyGolf Nearby, Park, Place of WorshipOwnershipFreeholdCoolingCentral air conditioning, DuctlessFoundationBlockHeatingForced air, Heat PumpHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2024-03-23 16:00:50Days on Market37Parking5