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$899,900
Status: For Sale
Discover an exceptional investment opportunity with this 4-unit income property, perfectly situated in a prime location. One of the upper-level 1-bedroom units has been newly renovated and is currently vacant, offering immediate potential for increased rental income. The property features separate meters for each unit, with some rents inclusive. On-site laundry facilities can be converted to coin-operated machines, providing additional income to cover water expenses. Some units could benefit from further renovations and updates, presenting substantial growth potential. Located near parks, schools, and public transportation routes, this property offers easy access to Highway 400 and the bustling main corridor of Bayfield Street, home to grocery stores, malls, coffee shops, and more. Additional features include ample on-site parking and a commercial-grade hot water tank. Whether you're looking to offset your expenses or expand your investment portfolio, this property offers a unique blend of immediate income potential and long-term growth.
Property Type | :Residential Income |
MLS Number | :40624414 |
Listing Type | :Sale |
Property Age | :16-30 Years years |
Possession Date | : |
Last Updated | :24 Jul, 2024 (57 Days ago) |
Source | :Barrie |
Area | :Simcoe |
Community | : Wellington |
City | :Barrie |
Area Major | :Barrie |
Area Minor | :BA03 - City Centre |
Postal Code | : L4M 2T2 |
Directions | :BAYFIELD ST TO ROSE ST TO SIGN |
Price | : $899,900 |
Property Taxes | :$4597 |
Tax Year | :2023 |
Bedrooms | :3 + |
Air Conditioning | :Central Air |
Heating | :Forced Air |
Place of Worship | :No |
Cross Street | :Peel St |
Bathrooms | :4 |
Approx Square Footage | :3100 sqft |
Dining Room | :2.97 m x 2.74 m |
Kitchen | :3.63 m x 2.92 m |
Bedroom | :3.66 m x 3.05 m |
Bedroom Primary | :5.18 m x 3.05 m |
Kitchen | :4.88 m x 2.74 m |
Bathroom | :2.01 m x 1.93 m |
Bedroom | :4.57 m x 3.15 m |
Bathroom | :4.27 m x 1.83 m |
Bathroom | :2.18 m x 1.93 m |
Parking Space | :6 |
Basement | :Partial |
Park | :Park |
23 Jul, 2024
TREB #40624414
Listed
$899900
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