$760,000

Investment For Sale In Barrie, Ontario

$760,000

Property Information:

Excellent Investment Opportunity! Rare legal triplex offering three fully self-contained 2-bedroom units, each with separate entrances, delivering strong income potential and long-term rental appeal. All three units are currently fully leased, providing excellent rental income and immediate cash flow for investors.Well-maintained with numerous updates, including a newer stove in the main unit, self-contained laundry in the main unit, new self-contained laundry with new washer and gas dryer in the lower unit, and a new kitchen countertop and sink in the upper unit. Additional important upgrades include gas furnace, central air (2020), most windows replaced, and updated plumbing, plus separate supply improvements to each unit.The property features ample parking and a practical layout well suited to long-term tenancy. Ideally located in a convenient Barrie neighbourhood close to downtown amenities, transit, shopping, schools, parks, Highway, Dunlop exit 1.5 km and Lake Simcoe waterfront.Note: Interior photos were taken prior to current tenancies, when the units were vacant. All three units are tenanted. Minimum 48 hours' notice required for all showings. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Type: N/A, N/A
  • Exterior Finish: Aluminum siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4+2
  • Bathrooms: 3
  • Features:
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 90 Feet
  • Lot Frontage: 63.5 Feet
  • Lot Size: 63.5 x 90 FT
  • Structure Type: Deck, Shed
  • Utility Type: Cable - Installed, Sewer - Installed, Hydro - Installed
  • Zoning: RM1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: SUTTON GROUP INCENTIVE REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.