48 ROSE Street, Barrie, Ontario
$899,900
- 3 Beds
- 4 Baths
- 3,100 Square Feet
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:56241)
- Listing ID: 40624414
- Property Type: Multi-family
- Year Built: 2001
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Listing provided by RE/MAX Hallmark Chay Realty Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 48 ROSE Street in Barrie Ontario, was last modified on July 23rd, 2024. Contact Brian Girard to schedule a viewing or to find other properties for sale in Barrie.