215 Innisfil Street, Barrie

$620,000

0 Beds
0 Baths
5,952 Sqft
0 Acres
0 Garages

Showings Sunday Afternoons ONLY. Purpose Built All Brick 6 Plex walk to Barrie's waterfront and GO Station. 1 Bachelor, 5 Two Bedrms. Baseboard Heat. LDY with 1 coin washer, 1 coin dryer not used by tenants at this time. Bldg needs updating. Bldg built in 1974 & settled a few years after constructed. Realtor/Owner in process of requesting copy of Engineering Report from City of Barrie, if available, stating bldg had settled in the 70's. Buyer to do own due diligence. Being sold as is, no representations or warranties by either owner or realtor. Good tenants - want to stay. One unit vacant - needing reno's. Second unit to be vacant June 30. Immediate possession. Roof replaced 1999, is rubberized roof. Income $5,915/mo approx or $70,980/yr approx. Exp: HTW $45/mo x 2 tanks = $90.00/mo or $1,080/yr Water approx $275 mo or $3,300/yr Hydro approx $12,000/yr Snow Removal $800 season. Maint $4,000/yr Taxes 2019 $6008/yr Insurance $2,000/yr estimate. Vacancy Rate 2% = 1,420/yr TOTAL EXP: $30,607 CAP 6.5 Great Opportunity Buildings Just don't come along at this price range! *ANY OFFERS WILL BE PRESENTED WEDNESDAY JUNE 26TH 5:00 PM* (id:6289)

Essential Information
Listing #30746113
Price$620,000
Bathrooms0.00
Square Footage5,952
TypeOther
Community Information
Address215 Innisfil Street
SubdivisionBA06 - Lakeshore
CityBarrie
ProvinceOntario
Postal CodeL4N3E9
Amenities
AmenitiesPublic Transit
UtilitiesWater
FeaturesConservation/green belt
Parking Spaces7
ParkingNo Garage
Interior
HeatingBaseboard heaters
CoolingNone
Appliances

Dryer, Refrigerator, Stove, Stove, Washer

Office

Re/Max Crosstown Realty Inc. Brokerage

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