$1,499,990
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158 PENETANG STREET, Barrie, ON L4M1V8

10 Beds
5 Baths
0 Sq Ft

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

Sales & Tax History

Source: Public Records

Walkability in ON / L4M1V8

Source: Walkscore


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 28/100, Bike Score: 30/100.

Points of interest near 158 PENETANG STREET, Barrie, ON L4M1V8

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