32 Talbot Street South, Norfolk | Image 1

32 Talbot Street South

Norfolk, Simcoe

  • 6 bed 4 bath 3500 sqft
$875,000 est.*: $2,964/mo
For Sale

Added 1 month ago

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  • Type: Fourplex

  • Style: 2-Storey

  • Size: 3500 sqft

  • Lot Size: 65.05 x 153 Feet

  • Age: No Data

  • Taxes: $3,235 per year

  • Days on Site: 34 Days

  • Added: Mar 22, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8167888

  • Listed By: Blue forest realty inc.

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!

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Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2-Storey

  • Size (sq ft): 3500

  • Area: Norfolk

  • Community: Simcoe

Inside

  • Bedrooms: 6

  • Bathrooms: 4

  • Kitchens: 4

  • Rooms: 14

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Washrooms: 4

Building

  • Basement: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Available

  • Garage Type: None

  • Covered Parking Spaces: 5

  • Total Parking Spaces: 5

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 1 BLK 92 PL 182; PT LT 2 BLK 92 PL 182 AS IN NR460890; S/T NR

  • Taxes: $3,235

Land

  • Cross Street: Talbot St S + West S

  • Municipality District: Norfolk

  • Fronting On: East

  • Parcel Number: 502240105

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 153 Feet

  • Lot Frontage: 65.05 Feet

  • Zoning: R3

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Very Walkable

  • Daily errands do not require a car.
90 /100

Bikeable

  • Some errands can be accomplished on bike.
63 /100
JK-8

ÉÉC Sainte-Marie-Simcoe

Elementary: Catholic
0.59 km
JK-8

Bloomsburg Public School

Elementary: Public
5.58 km
JK-8

Elgin Avenue Public School

Elementary: Public
0.55 km
JK-8

West Lynn Public School

Elementary: Public
1.76 km
JK-8

Lynndale Heights Public School

Elementary: Public
1.72 km
JK-8

St. Joseph's School

Elementary: Catholic
1.08 km
9-12

Waterford District High School

Secondary: Public
10.40 km
9-12

Delhi District Secondary School

Secondary: Public
15.15 km
9-12

Valley Heights Secondary School

Secondary: Public
24.64 km
9-12

Simcoe Composite School

Secondary: Public
0.67 km
9-12

Holy Trinity Catholic High School

Secondary: Catholic
1.31 km
9-12

Assumption College School School

Secondary: Catholic
31.77 km
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