Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees.
. The NET operating income is approximately $65,000 a year! That's over a 5.2% cap rate.
All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry.
(One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value.
Come have a look, you won't be disappointed. LA is owner.
4 stoves, 4 fridge, 2 washer and 2 dryer
