$899,900 FOR SALE

Multiplex 2-Storey

Bedrooms: 3Bathrooms: 4Lot: 65 x 135 ft
2023 Taxes: $4,597

48 Rose St
Barrie, ON L4M 2T2 | City Centre | Simcoe

One vacancy and another unit given notice. Opportunity for self use or place own tenants. 4 unit income property. 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.

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Listed By RE/MAX HALLMARK CHAY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S9052147
Last Updated Oct 10, 2024
Property Summary
Property Type Multiplex

More like this:
PIN 588100067
Legal Description LT 69 PL 1329 ; BARRIE
Parcel of Tied Land N
Possession Date TBA
Taxes (2023) $4,597
Assessment (2024) $356,000
Directions/Cross Streets BAYFIELD ST TO ROSE ST TO SIGN
Neighbourhood City Centre
Area Simcoe
Price History
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Detailed Information
Fronting On N
Property Features Beach, Hospital, Library, Park, School, Skiing
Special Designations Unknown
Bedrooms 3
Bathrooms 4
Rooms 12
Kitchens 4
Lot 65 x 135 ft
Acreage <.50
Approximate Square Footage 3000-3500
Approximate Age 16-30
Exterior Brick
Elevator N
Air Conditioning Central Air
Family Room N
Fireplace/Stove N
Pool None
Basement Part Bsmt, Unfinished
Garage Spaces 0.0
Garage Type None
Parking Spaces 6
Total Parking Spaces 6.0
Retirement N
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Utilities-Hydro Y
Utilities-Gas Y
Utilities-Cable Y
Utilities-Telephone Y
Water Municipal
Zoning RM1
Seller Property Info Statement N
Bathrooms
Pieces Level
42nd
32nd
3Main
3Main

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