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48 Rose Street Barrie (City Centre), Ontario L4M 2T2

3 Bedroom 4 Bathroom
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 S9052147
Property Type Multi-family
Community Name City Centre
AmenitiesNearBy Beach, Hospital, Park, Schools, Ski Area
ParkingSpaceTotal 6
Structure Deck

Building

BathroomTotal 4
BedroomsAboveGround 3
BedroomsTotal 3
BasementDevelopment Unfinished
BasementType Partial (unfinished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireProtection Smoke Detectors
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Other
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Beach, Hospital, Park, Schools, Ski Area
Sewer Sanitary Sewer
SizeDepth 135 Ft
SizeFrontage 65 Ft
SizeIrregular 65 X 135 Ft
SizeTotalText 65 X 135 Ft|under 1/2 Acre
ZoningDescription Rm1

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/27208142/48-rose-street-barrie-city-centre-city-centre

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