$1,720,000
$1,749,900
1.7%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
6 Baths
SOLD DATE : 09/27/2024
Key Details
Sold Price $1,720,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Subdivision Wellington
MLS Listing ID S8334004
Style 3-Storey
Bedrooms 12
Building Age 51-99
Annual Tax Amount $10,871
Tax Year 2023
Property Sub-Type Multiplex
Property Description
Large purpose built well maintained 12 bedroom 6-plex nestled in the quiet neighbourhood of Barrie, total available 6449sqft. Approx annual gross income of $114,640.00 makes this an attractive opportunity for any investor. 3 of 6 units updated. Each unit has 2 bedrooms with a designated balcony area off the living area on top 4 units. Shared common coin commercial laundry room on the main floor (2021). Expanded parking (2020) spaces for 9 vehicles. Close to parks, schools, public transportation, bus and school routes yet within close proximity to downtown, pubs and waterfront for urban charm, scenic beauty. Good tenants all paid up to date. 3 units under market value. Financials available on request. Easy access to all amenities and Hwy 400.
Location
Province ON
County Simcoe
Community Wellington
Area Simcoe
Rooms
Family Room No
Kitchen 6
Interior
Cooling None
Exterior
Parking Features Private
Pool None
Roof Type Flat
Building
Foundation Poured Concrete
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