4 Bedroom
4 Bathroom
2,000 - 2,500 ft2
Forced Air
$875,000
Invest Smart in Barrie: Turnkey 4-Plex with Strong Cash Flow & Future Upside - Attn Savvy investors and house hackers, here's your opportunity to own a fully tenanted 4-unit income property in one of Barrie's most accessible neighbourhoods. Ideally located near schools, parks, Highway 400, and the bustling Bayfield corridor, this property blends location, long-term value, and immediate income. Property Highlights: Major Capital Improvements Completed (May 2025): Brand new shingles, sub-roof, and eavestroughs major expenses already taken care of. Separate Hydro Meters: Each unit has its own hydro meter giving you more control over utility management. Fully Leased: Enjoy immediate, reliable cash flow from four units including two recently secured tenants. Income Growth Potential: One upper 1-bedroom unit has already been updated. Bonus Revenue Opportunity: On-site laundry could be easily converted to coin-operated for additional income. Tenant-Friendly Location: Steps from transit, parks, schools, shopping, and Barrie's scenic waterfront this is a high-demand rental zone. Accessibility: Easy commuter access to Waterfront/Allandale GO Station and Highway 400.Whether you're starting your portfolio, scaling your investments, or looking to offset your mortgage with rental income this property offers cash flow today and value growth tomorrow. (id:59911)
Property Details
MLS® Number
|
S12013850 |
Property Type
|
Multi-family |
Community Name
|
400 North |
Equipment Type
|
Water Heater |
Features
|
In-law Suite |
Parking Space Total
|
8 |
Rental Equipment Type
|
Water Heater |
Structure
|
Porch |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
4 |
Bedrooms Total
|
4 |
Appliances
|
Water Heater, Water Meter, Dryer, Stove, Washer, Refrigerator |
Basement Features
|
Separate Entrance |
Basement Type
|
Partial |
Exterior Finish
|
Brick |
Foundation Type
|
Block, Stone |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
2,000 - 2,500 Ft2 |
Type
|
Fourplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
135 Ft |
Size Frontage
|
65 Ft |
Size Irregular
|
65 X 135 Ft |
Size Total Text
|
65 X 135 Ft|1/2 - 1.99 Acres |
Utilities
Cable
|
Installed |
Sewer
|
Installed |