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125 Grove Street E Barrie (Alliance), Ontario L4M 2P4

4 Bedroom 3 Bathroom
Bungalow Fireplace Central Air Conditioning Forced Air

$749,990

Discover this great investment property located in East Barrie! This property boasts an amazing location, just minutes away from schools, Georgian College, shopping centers, Hwy 400, and Simcoe Lake. Enjoy the opportunity to live in one unit while renting out the other two units. The main unit is vacant and newly renovated (2024), ready for market rent or perfect for a small family. The other two units are rented by AAA tenants, with the potential for increased rents based on market conditions. The main unit features 2 bedrooms, the second unit has 1 bedroom, and the third unit is a 1-bedroom walkout basement apartment. Each unit has separate meters, and there is a coin-operated laundry facility separated by metal doors. All Units wire in smoke alarms. Downspouts and eaves (2021), shingles on main building in (2019) (Legal, Non-Conforming Triplex) **** EXTRAS **** Income Has an Upside Based On Current Market Rent Values. (id:27910)

Property Details

MLS® Number S8446932
Property Type Single Family
Community Name Alliance
ParkingSpaceTotal 4

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsTotal 4
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Walk Out
BasementType N/a (finished)
CoolingType Central Air Conditioning
FireplacePresent Yes
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
Type Triplex
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 90 Ft
SizeFrontage 52 Ft
SizeIrregular 52 X 90 Ft
SizeTotalText 52 X 90 Ft|under 1/2 Acre

Rooms

Level Type Dimensions

Utilities

Cable Available
Sewer Installed