48 ROSE Street Barrie

48 ROSE Street, Barrie, Ontario

$899,900

  • 4 Beds
  • 4 Baths
  • 3,100 Square Feet

Whether you’re looking to kickstart your real estate journey, expand your investment portfolio, or explore homeownership while having rental income help carry the costs, this property offers the flexibility you need. Invest or own in Barrie: Unlock a practical investment option with this 4-unit income property, conveniently located near Barrie’s waterfront. Just minutes from Allandale Station, the property is close to parks, schools, and public transit, with easy access to Highway 400 and the Bayfield Street corridor, featuring grocery stores and other amenities. Property Features: Location: Centrally situated, appealing to tenants seeking easy access to local amenities and recreational spaces. Demand: Barrie’s growing population ensures steady demand for rental housing, making this property a viable investment option. Income Potential: One of the upper-level 1-bedroom units has been recently renovated and is currently vacant, providing immediate potential for rental income. Each unit has separate meters, and some rents include utilities, offering flexible lease options. Additional Income Opportunities: On-site laundry facilities could be converted to coin-operated machines, creating an extra source of income to help offset expenses. Renovation Potential: Several units could use updates, providing opportunities for increased rental rates and value enhancement. Accessibility: The property offers convenient access to Highway 400 and is within walking distance of public transit routes and many amenities. Due to tenants privacy, photos available of the vacant unit (id:56241)

  • Listing ID: 40624414
  • Property Type: Multi-family
  • Year Built: 2001

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Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Community Features: High Traffic Area, School Bus
  • Ownership: Freehold
  • Parking Spaces: 6
  • Transaction: For sale
  • Zoning Description: RM1

Building

  • BasementType: Partial (Unfinished)
  • Basement Development: Unfinished
  • Constructed Date: 2001
  • Cooling: Central air conditioning
  • Exterior Finish: Brick, Brick Veneer, Other
  • Fireplace Present: False
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 3100 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 65 ft
MLS®

Listing provided by RE/MAX Hallmark Chay Realty Brokerage
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 48 ROSE Street in Barrie Ontario. It was last modified on July 23rd, 2024. Contact Claire Weston to schedule a viewing or to discover other Barrie real estate for sale.

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