48 Rose Street Barrie, Ontario L4M 2T2
$899,900
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. (id:27910)
Property Details
| MLS® Number | 40624414 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | High Traffic Area, School Bus |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 4 |
| BedroomsTotal | 3 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructedDate | 2001 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Brick Veneer, Other |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3100 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| Visitor Parking |
Land
| AccessType | Road Access, Highway Access |
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 135 Ft |
| SizeFrontage | 65 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rm1 |
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July 23 2024 11:00:44
Barrie & District Association of REALTORS® Inc.
RE/MAX Hallmark Chay Realty Brokerage