48 Rose Street , Barrie, ON L4M 2T2
Barrie, ON L4M 2T2
Description
Whether you’re looking to kickstart your real estate journey, expand your investment portfolio, or explore homeownership while having rental income help carry the costs, this property offers the flexibility you need. Invest or own in Barrie: Unlock a practical investment option with this 4-unit income property, conveniently located near Barrie’s waterfront. Just minutes from Allandale Station, the property is close to parks, schools, and public transit, with easy access to Highway 400 and the Bayfield Street corridor, featuring grocery stores and other amenities. Property Features: Location: Centrally situated, appealing to tenants seeking easy access to local amenities and recreational spaces. Demand: Barrie’s growing population ensures steady demand for rental housing, making this property a viable investment option. Income Potential: One of the upper-level 1-bedroom units has been recently renovated and is currently vacant, providing immediate potential for rental income. Each unit has separate meters, and some rents include utilities, offering flexible lease options. Additional Income Opportunities: On-site laundry facilities could be converted to coin-operated machines, creating an extra source of income to help offset expenses. Renovation Potential: Several units could use updates, providing opportunities for increased rental rates and value enhancement. Accessibility: The property offers convenient access to Highway 400 and is within walking distance of public transit routes and many amenities. Due to tenants privacy, photos available of the vacant unit
Details
| MLS# | 40624414 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 81 |
| Listing Provided By | RE/MAX Hallmark Chay Realty Brokerage | Shannon Murree |
Features
| Bed(s) | 4 |
|---|---|
| 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: $599,900 SqFt: 3,100 low | high Med: 1,200 $ / SqFt: $290 low | high Med: $500 On Site: 81 low | high Med: 23.000000 | |
