agent pic
48 Rose Street Image 1

$875,000

Mar 12Fourplex For Sale
bedrooms4bed
washrooms3bath
MLS - #S12013850

48 Rose Street, Barrie, ON L4M 2T2

0
Similar Homes Found
$0
Average Price
87500000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Fourplex

Lot size

.50-1.99 acres

Style

2-Storey

Approx. Area

N/A

About 48 Rose Street

Separate hydro meters for each unit: Common Area for Laundry room: Invest in Barrie: 4-Unit Income Property with Steady Cash Flow. Whether starting your real estate journey, expanding your investment portfolio, or looking for a property with rental income to help offset costs, this well-located 4-unit income property in Barrie provides the flexibility and potential you need. Located just minutes from Barrie's picturesque waterfront, this property is ideally situated near Allandale Station and offers easy access to Highway 400, parks, schools, public transit, and the Bayfield Street corridor with shopping and other essential amenities. Property Highlights: Prime Location: Centrally positioned with easy access to local amenities, public transit, and recreational spaces, this property is in high demand among tenants. Fully Rented: With all units currently leased, including two new tenants, you'll enjoy steady cash flow from day one. Income Potential: One of the upper-level 1-bedroom units was recently renovated, providing an opportunity to command higher rents and attract quality tenants. Separate Meters & Utilities Flexibility: Each unit has its own separate meter. Additional Income Opportunity: On-site laundry facilities could be converted into coin-operated machines, providing an extra source of revenue to help offset operating costs. Renovation Potential: Several units could benefit from updates, allowing for increased rental rates and enhanced property value. Accessibility: The property offers excellent access to Highway 400 and is within walking distance of public transit and a wide range of amenities. A solid, fully-rented investment opportunity with room for growth in Barrie's rental market.

Home Overview

Last updated

Mar 12

Virtual tour

None

Basement information

Partial Basement, Separate Entrance

Building size

--

Status

In-Active

Property sub type

Fourplex

Maintenance fee

$N/A

Year built

2024

Listed by RE/MAX HALLMARK CHAY REALTY

Additional Details

Basement:Partial Basement, Separate Entrance
Cooling:Other
Heating:Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

Map loading...
Walking Icon

Walk Score for 48 Rose Street

Some information about this property - Rose Street

Book a Showing

Find your dream home ✨

I agree to receive marketing and customer service calls and text messages from homepapa. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.

Similar Fourplex in Chatham-Kent with 4 bedrooms