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86 days on Market

32 Talbot St, Norfolk, Ontario N3Y 2Z2

$829,900
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Townhouse
6
4
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$201/sqft

Est. Mortgage$3,564/mo

Tax Amount (2023)$3,234/yr

Days On Market86 days


Description

Impressive 7.7% 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!


Property Details

Style2-Storey
View-
Age of property100+
SqFt~3500-5000 SqFt
Lot Size9,952 SqFt(153 x 65.05)
Parking Spaces5
MLS ®NumberX9283484
Community NameNorfolk County
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Main Floor

Kitchen

5.48 x 3.91


Features

Lot size: 9,952 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Now
ListedFor Salefor$829,900Active
86 days on market
Listing by trreb®
history photo preview40
Aug 29, 2024
ListedFor Salefor$850,000Terminated
Stayed 99 days on market
Listing by trreb®
history photo preview40
May 23, 2024
ListedFor Salefor$875,000Terminated
Stayed 62 days on market
Listing by trreb®
history photo preview40
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Property listed by BLUE FOREST REALTY INC., Brokerage
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