Barrie, Innisfil and Orillia Real Estate - Full Real Estate Solutions and Investment

28 Johnson Street Northeast (Barrie, Ontario, CA - L4M 6C4) Built

$724,999 CAD
3 Unit Multi-Residential Property

RE/MAX Hallmark Chay Realty Brokerage

Shannon P. Murree REALTOR® Shannon P. Murree REALTOR® 705-722-7100 (Office) 888-822-2606 (Office) 705-722-5246 (Fax) Request More Info

  • Investment Opportunity NE Barrie
  • Type: Residential
  • Style: Single Story
  • Bedrooms: 5
  • Bathrooms: 3
  • Development Level: Built

Description

Steps to the beach. 3 Unit multi-family residential. Two 2 bedrooms and One 1 bedroom, each separately metered. Coin laundry. Includes 3 fridges, 3 stoves.

Limited interior photos as permission granted by one tenant for use. Fairly decent condition but could be updated to increase cashflow considering its location & potential. Serious inquiries pls. Ask for income and expense information prior to showing requests and analyze.

Income
Apt.1 Monthly $843
Apt.2 Monthly $1,200
Apt.3 Monthly $1,100
Sub Total Monthly $3,143 ANNUAL $37,716

Laundry ANNUAL $1,000

TOTAL ANNUAL $38,716

Expenses

Property Tax ANNUAL $4,590
Insurance ANNUAL $1,127
Maintenance ANNUAL $2,250
Utilities ANNUAL $3,244

TOTAL $11,311
NOI $27,406

**require 30 hrs notice to prepare and serve notice to tenants pls. Include schedule B with any offers. Need 12 hrs irrevocable.**

**NOTE: LA does not participate in handshake. For more information or appointment, contact Shannon Murree MovingSimcoe.com team 705-722-7100***
Not intended to solicit anyone under agency agreement whether written or implied.

Attachments

P2#331693027
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