48 Rose Street, Barrie, ON, L4M 2T2

$899,900

MLS® # 40624414

Investment For Sale In Barrie, Ontario

$899,900

Property Information:

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.

Inclusions: Carbon Monoxide Detector,Smoke Detector

Exclusions : Tenants Personal Possessions

Building Features:

  • Floor Space: 3100 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Built in: 2001
  • Construction Materials: Other
  • Cooling: Central Air
  • Driveway Parking: Outside/Surface/Open, Private Drive Triple+ Wide, Visitor Parking
  • Exterior Features: Landscaped, Private Entrance, Separate Hydro Meters, Year Round Living
  • Floor Space (approx): 3100 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment
  • Laundry Features: Common Area
  • Lot Depth: 135 Feet
  • Lot Features: Rectangular, Ample Parking, High Traffic Area, Highway Access, Hospital, Park, Place of Worship, Playground Nearby, Public Transit, Regional Mall, School Bus Route, Schools, Shopping Nearby, Other
  • Lot Frontage: 65.00 Feet
  • Parking Features: Exclusive, In/Out Parking
  • Road Frontage Type: Municipal Road, Public Road, Year Round Road
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: RM1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX Hallmark Chay Realty Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Additional Photos