48 Rose Street , Barrie, ON L4M 2T2
Barrie, ON L4M 2T2
Description
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.
Details
| MLS# | 40624414 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 74 |
| Listing Provided By | RE/MAX Hallmark Chay Realty Brokerage | Shannon Murree |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,100 |
| Basement | Y |
| Story(s) | 2 |
| Units | 5 |
| Zoning | RM1 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Simcoe County |
| City | Barrie |
| Postal Code | L4M 2T2 |
| Area | Barrie |
| Subarea | BA03 City Centre |
| Community Name | BA03 City Centre |
| Listing VS Median (in BA03 City Centre) | |
Price: $899,900 low | high Med: $624,000 SqFt: 3,100 low | high Med: 1,076 $ / SqFt: $290 low | high Med: $580 On Site: 74 low | high Med: 3.000000 | |