5% Cap Rate!! Over 35K of updates to be completed before closing!! Professionally managed 5-unit property, all tenant-occupied on a month-to-month basis, generating a total monthly income of $7, 459.53. This maintained property offers an attractive annual gross income of $89, 514.36, making it an excellent investment opportunity. Each of the 2-bedroom units features 1 bathroom. Each unit has the upside potential for additional bedroom and bathroom below grade - buyer or buyers agent to do diligence*. The property benefits from a paved driveway completed in 2022 and a newer rear fence, adding to its curb appeal and functionality. Each unit is equipped with separate electrical breaker panels and heating system for convenience and utility efficiency. LOCATION, LOCATION, Ideally situated close to various amenities, including major shopping centres such as Georgian Mall and Bayfield Mall, the property offers residents ample shopping and dining options. It is also conveniently located near public transit routes, minutes to Kempenfelt Park, Downtown Barrie, Georgian College, and the RVH. This 5-plex represents a seamless investment opportunity with a strong rental income and professional management in place, ensuring a stress-free ownership experience. Financial details are available upon request. (id:55598)
- MLS® S8395438
- Date Listed06/01/2024
- Days on Realty 79 Days
- Bedrooms 10
- Bathrooms 5 baths
- Lot Size -
- Sewer Other
- Subdivision Codrington
- Property Type Other
- Water Public
Interior Features
- Appliances Dryer, Refrigerator, Stove, Washer
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Public • PK - 8
1.27 km
Distance
Public • PK - 8
2.22 km
Distance
Public • PK - 8
2.19 km
Distance
Public • PK - 8
2.95 km
Distance
Sister Catherine Donnelly Catholic School
Public • PK - 8
2.95 km
Distance
Allandale Heights Public School
Public • PK - 8
4.55 km
Distance
Public • PK - 8
3.66 km
Distance
St Marguerite d'Youville Elementary School
Public • PK - 8
3.68 km
Distance
Algonquin Ridge Elementary School
Public • PK - 8
4.37 km
Distance
West Bayfield Elementary School
Public • PK - 8
3.68 km
Distance
École secondaire catholique Nouvelle-Alliance
Public • 6 - 12
3.49 km
Distance
École secondaire Roméo-Dallaire
Public • 6 - 12
8.2 km
Distance
St. Joseph's Catholic High School
Public • 9 - 12
1.19 km
Distance
Eastview Secondary Public School
Public • 9 - 12
1.27 km
Distance
Public • 9 - 12
4.42 km
Distance
St. Peter's Catholic Secondary School
Public • 9 - 12
6.22 km
Distance
St. Joan of Arc Catholic High School
Public • 9 - 12
6.99 km
Distance
Public • 9 - 12
8.86 km
Distance
Andrew Hunter Elementary School
Private • PK - 8
2.75 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
132 GROVE ST E | 4 | 2 | Jul 25, 2024 | $749,000 |
58 GUNN Street | 2 | 2 | Jul 22, 2024 | $559,000 |
83 BERCZY ST | 5 | 4 | Jul 16, 2024 | $999,999 |
36 WELLINGTON Street E | 3 | 2 | Jul 19, 2024 | $649,900 |
131 COOK ST | 3 | 2 | Aug 17, 2024 | $659,900 |
126 COOK Street | 3 | 2 | Jul 21, 2024 | $750,000 |
101 CODRINGTON Street | 3 | 2 | Jul 17, 2024 | $758,000 |
101 CODRINGTON ST | 3 | 2 | Jul 17, 2024 | $758,000 |
105 ROSE Street | 2 | 2 | Jul 26, 2024 | $799,900 |
7 SHANNON Street | 6 | 3 | Jul 18, 2024 | $868,000 |
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163 m
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Education
0.6 km
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Finance
0.7 km
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410 m
Distance
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Frequently Asked Questions for 158 PENETANG STREET
Source: Realty.com
158 PENETANG STREET, Barrie, ON L4M1V8 is a Other, Residential Income property listed for $1,499,990 The property is 0 sq. ft with 10 bedrooms and 5 bathrooms
Realty.com has 2 photos of 158 PENETANG STREET.
The full address for this home is 158 PENETANG STREET, Barrie, ON L4M1V8.
158 PENETANG STREET has been listed on Realty.com since Sat June 01, 2024
The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 28/100, Bike Score: 30/100.
Listing provided courtesy of:
EXP REALTY
(tel: (866) 530-7737)
Listing agent:
SPENCER-KALEB YANKOWSKI
(tel: (705) 999-4550)
This content last refreshed on 2024-08-19 15:36:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 158 PENETANG STREET, Barrie, ON L4M1V8 : MLS® S8395438