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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 $61,970. (plus scheduled increases and some laundry income...coin operated washer & dryer not owned) Taxes - $5,860, 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:24093)
Listed by Todd Guergis and of Royal LePage First Contact Realty Brokerage

Property Details of 100 Sophia Street West

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"Based on information submitted to CREA as of December 5, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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