$1,299,000
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8 Beds
5 Baths
SOLD DATE : 06/24/2024
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Subdivision Codrington
MLS Listing ID S8316698
Sold Date 06/24/24
Style 2-Storey
Bedrooms 8
Annual Tax Amount $8,598
Tax Year 2023
Property Sub-Type Multiplex
Property Description
**VACANT MULTIPLEX *** SHOWINGS ANYTIME *** SELECT YOUR OWN TENANTS BEFORE CLOSING $$$ Projected cap rate 7% $$$ Welcome to this Updated 5Plex in the city of Barrie. Each of the five units has undergone full renovation. Situated on a spacious lot, the property provides ample parking space, ensuring convenience for both residents and visitors alike. Furthermore, each unit is individually metered for hydro, enhancing efficiency and allowing for personalized billing. Additionally, the inclusion of coin laundry facilities presents a lucrative opportunity for supplementary income, adding to the property's profitability. Don't miss out on the chance to invest in this Profitable real estate opportunity Schedule your viewing today!3x2 Bed (1950 each) + 2x1 beds (1775 each). ANNUAL TOTAL INCOME $112,800
Location
Province ON
County Simcoe
Community Codrington
Area Simcoe
Rooms
Family Room No
Basement Unfinished
Kitchen 5
Interior
Interior Features Other
Cooling Central Air
Exterior
Parking Features Private
Pool None
Roof Type Shingles,Metal
Lot Frontage 60.3
Total Parking Spaces 6
Building
Foundation Concrete
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130 King St. W. Unit 1800B, M5X1E3, Toronto, Ontario, Canada