166, Collier, Codrington, Barrie, Residential Freehold
- 5 beds |
- 4 baths |
- 2500-3000 SQFT
Description
Residential Freehold Fourplex For Sale.
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.
Property Features: Library, Public Transit
Interior Features: Water Softener
Cross Street: Collier/Albert
Direction Faces: North
Key Facts
- Days on: 2 days
- Mls Status: New
- Bedrooms Total: 5
- Bedrooms Above Grade: 5
- Bathrooms Total Integer: 4
- Lot Width: 70.00
- Kitchens Total: 4
- Parking Total: 5
- Parking Spaces: 5
- Parking Features: Private Double
- Garage Type: None
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: Central Air
- Living Area Range: 2500-3000 Square Feet
Location 166, Collier, Codrington, Barrie
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