48 Rose Street Barrie (City Centre), 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:53503)
Property Details
| MLS® Number | S9052147 |
| Property Type | Multi-family |
| Community Name | City Centre |
| Amenities Near By | Beach, Hospital, Park, Schools, Ski Area |
| Parking Space Total | 6 |
| Structure | Deck |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Beach, Hospital, Park, Schools, Ski Area |
| Sewer | Sanitary Sewer |
| Size Depth | 135 Ft |
| Size Frontage | 65 Ft |
| Size Irregular | 65 X 135 Ft |
| Size Total Text | 65 X 135 Ft|under 1/2 Acre |
| Zoning Description | Rm1 |
Utilities
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/27208142/48-rose-street-barrie-city-centre-city-centre
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Toronto Real Estate Board
RE/MAX Hallmark Chay Realty
September 04 2024 02:20:31
