100 SOPHIA Street W , Barrie

Bed / $1,295,000 / MLS® Listing #:40229823

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Excellent investment opportunity! Legal 4-plex, (1-2 bedroom unit, 3-1 bedroom units) on large lot located in the heart of Barrie. Only minutes to the waterfront & beach, downtown, GO station, shopping, dining, Queen's Park, MacLaren Art Centre, Library etc. Well maintained & updated, purpose built multi unit building with lots of paved parking & solid brick construction. Great opportunity to invest in Barrie's desirable Lakeshore district which is going through a major rejuvenation with thousands of new condos planned for the area. Large 66 x 132 ft lot with possibility to build additional units or perhaps a secondary dwelling/garden suite?? (Buyer is to satisfy himself with the City of Barrie and/or other Governmental authorities as to any future use.) Rarely a vacancy with current annual income of $61,236. (plus some laundry income...coin operated washer & dryer not owned) Taxes - $5,692, insurance -$2,680. snow & lawn - $2,125, repairs & paint, appliances repairs etc. - $2,051, water -$1210., hydro -$1733, gas -$1236. Please note one Realtor is a shareholder of the Seller Corporation. Please do NOT go directly to the property and disturb the Tenants. One party is excluded from this Listing Agreement. (id:10452)

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Property Details

Property Type Other
Square Feet
Maintenance N/A
Days On Our Website 100
Basement Finished - Full (Finished)
Kitchens
Lot Dimensions under 1/2 acre
Pool N/A
Area Barrie
Air Conditioning None
Heating Natural gas - Other
Exterior Brick, Other
Parking Spaces 6
Sewers Municipal sewage system
Water Municipal water

Listing Office: Royal LePage First Contact Realty Brokerage



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