Overview
|Description
Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. . The NET operating income is approximately $65,000 a year! That’s over a 5.2% cap rate. All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it’s own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won’t be disappointed. LA is owner.
Additional Details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: Central Air
- County: Simcoe
- Property Type: Residential
- Pool: None
- Parking: Private Double
- Architectural Style: 2-Storey
Properties Common Note
This is a common note that can be displayed on all properties but controlled from one simple option.
Property on Map
Schedule A Tour
Discover your dream property
Immerse yourself in the captivating ambiance of our properties. Book a personalized tour to explore the exquisite beauty and unique features of our property.
Our knowledgeable staff will guide you through the property, answering any questions you may have.
Mortgage Calculator
- Principal and Interest
Similar Properties