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$ 1,188,800

152 Owen St

Barrie, Ontario, L4M 3H9

MLS® Number : S8350476

3 + 1 Beds / 3 Baths / 4 Parking

Lot Front: 66.01 Feet / Lot Depth: 217 Feet

Description


Attention Investors, Legal Registered Triplex, Totally Renovated in 2022, Tenanted, All units have separate entrance, 2 laundries, 2 furnaces, 3 hydro meters, garage converted into 3 Storage lockers for additional income, huge lot 66 X 217, Great potential for future development for multi-unit Apartment building , Buyer to do own due diligence. 15 Reasons to Buy This Tri-Plex: 1) Rental Income Potential 2) Lower Risk of Vacancy 3) Ability to Live in One Unit 4) Appreciation Potential 5) Diversified Investment 6) Tax Benefits 7) Leverage Financing 8) Increase Property Value through Improvements 9) Better Control Over the Property 10) Opportunity for Future Expansion 11) Building Equity 12) Legal Protections and Stability 13) Fewer Tenants to Manage Than Larger Multi-Family Properties 14) Better Financing Options for First-Time Investors 15) Community and Property Management Control

Extras


Great investment with huge lot with possible upside future development potential.


Property Type

Triplex

Neighbourhood

City Centre

Garage Spaces

4

Property Taxes

$ 4,900

Area

Simcoe

Additional Details


Drive

Private

Building


Bedrooms

3 + 1

Bathrooms

3

Utilities


Water

Municipal

Sewer

Sewers

Features


Kitchen

3

Family Room

N

Basement

Apartment

Fireplace

Y

External Features


External Finish

Alum Siding

Property Features


Fenced Yard

Cooling And Heating


Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information


Days On Market

223 Days

Rooms

Metric

Imperial


RoomDimensionsFeatures
Kitchen14.99 X 10.99 ft
Living14.99 X 10.99 ft
Prim Bdrm11.48 X 11.22 ft
2nd Br11.42 X 8.14 ft
Kitchen11.48 X 9.74 ft
Living11.48 X 9.42 ft
3rd Br17.32 X 13.98 ft
Kitchen8.89 X 8.23 ft
Living13.85 X 11.22 ft
4th Br15.81 X 11.22 ft

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