152 Owen Street No longer available

Barrie, City Centre, L4M 3H9

$1,188,800

Description

Listed by RE/MAX PREMIER INC..

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

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

Location

View Map
  • Address: 152 Owen Street
  • Neighborhood: City Centre
  • City: Barrie
  • State: Ontario
  • Postal Code: L4M 3H9

Property Details

  • Property ID: S8350476
  • Property Price: $1,188,800
  • Style: Triplex, Bungalow
  • Rooms: 6+3
  • Bedrooms: 3+1
  • Bath: 3
  • Garage: Attached
  • Parking Spaces: 4
  • A/C: Central Air
  • Basement: Apartment, Sep Entrance
  • Den: N
  • Exterior: Alum Siding, Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $4,900.00 (2023)
  • Lot: 217.00x66.01 (Feet)

Room details and dimensions

Statistics for similar Triplex homes in City Centre

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Triplex homes in City Centre

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Triplex homes in City Centre

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100