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$ 785,000

39 Eugenia Street, Barrie, ON L4M 1P7

Barrie, ON, L4M 1P7

MLS® Number : S12451258

5 Beds / 2 Baths / 2 Parking

Lot Front: 60 Feet / Lot Depth: 155 Feet

Description


This property is a prime investment opportunity, featuring a fully renovated in-law suite with a separate entrance, perfect for generating immediate rental income. You can live in the top unit and rent out the basement as a mortgage helper, maximizing your financial flexibility. The move-in-ready suite boasts modern finishes and appliances, attracting high-quality tenants and ensuring low vacancy rates with strong rental demand. Situated in a desirable neighborhood near amenities and the lakefront, both the main residence and the in-law suite command premium rental rates. Investors can tap into multiple income streams, including long-term leases for the main home and suite or short-term rentals to leverage the areas appeal to tourists and professionals. The propertys low-maintenance features, such as the steel roof and recent upgrades, reduce ongoing costs, boosting cash flow and return on investment. Additionally, the detached garage offers further income potential, whether leased as a workshop or converted into an ADU. With its turnkey condition and versatile layout, this property is a lucrative addition to any investment portfolio

Extras


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Property Type

Detached

Neighbourhood

Codrington

Garage Spaces

2

Property Taxes

$ 5,116

Area

Simcoe

Additional Details


Building


Bedrooms

5

Bathrooms

2

Utilities


Water

Municipal

Sewer

Sewer

Features


Kitchen

2

Family Room

No

Basement

Finished with Walk-Out, Apartment

Fireplace

No

External Features


External Finish

Brick

Property Features


Cooling And Heating


Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information


Days On Market

0 Days

Rooms

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Imperial


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