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48 Rose Street Barrie, Ontario L4M 2T2

3 Bedroom 4 Bathroom 3100 sqft
Central Air Conditioning Forced Air

$899,900

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. (id:31697)

Property Details

MLS® Number 40624414
Property Type Multi-family
AmenitiesNearBy Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures High Traffic Area, School Bus
ParkingSpaceTotal 6

Building

BathroomTotal 4
BedroomsTotal 3
BasementDevelopment Unfinished
BasementType Partial (unfinished)
ConstructedDate 2001
CoolingType Central Air Conditioning
ExteriorFinish Brick, Brick Veneer, Other
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3100 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Visitor Parking

Land

AccessType Road Access, Highway Access
Acreage No
LandAmenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 135 Ft
SizeFrontage 65 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rm1

https://www.realtor.ca/real-estate/27207599/48-rose-street-barrie

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