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. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
5
Bathrooms
4
Lot
70 x 165 ft
Amenities Nearby
Public Transit
Equipment
Water Heater
Listing Contract Date
2026-03-24
Location Description
Cross Streets: Collier/Albert. ** Directions: Blake or Dunlop to Collier.
# of Parking Spaces
5
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
RM2
Building
Appliances
Water softener, Dryer, Stove, Two Washers, Refrigerator
Basement Type
Partial
Cooling Type
Central air conditioning
Exterior Finish
Brick
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Fourplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Utilities
Type
Description
Electricity
Installed
Sewer
Installed
Land
Total Size
70 x 165 FT
Amenities
Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
70 x 165 FT
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