48 Rose Street Barrie, Ontario L4M 2T2
$899,900
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 (id:31454)
Property Details
| MLS® Number | 40624414 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | High Traffic Area, School Bus |
| Parking Space Total | 6 |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Constructed Date | 2001 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Brick Veneer, Other |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3100 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Visitor Parking |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 135 Ft |
| Size Frontage | 65 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rm1 |
https://www.realtor.ca/real-estate/27207599/48-rose-street-barrie
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 25 2024 04:56:19
Barrie & District Association of REALTORS® Inc.
RE/MAX Hallmark Chay Realty Brokerage