Tony Di Carlo - Real Estate Investments

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Allandale (Barrie, Ontario, CA - L4N 2R1)
MLS® $730,000 Income Property
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"Almost Waterfront. Waterfront Views"
 

Incompro Ltd.


Tony Di Carlo
 
Tony Di Carlo
Email Tony
 
Phone: 905-850-5500
Cell: 416-565-2201
Fax: 905-850-5502
 
Details

Type: Multifamily Style: 3 Storey walk up Apt. Building Bedrooms: 10 "5 - 2 Bedrooms, 1 - 1 Bed" Bathrooms: 6 Garage: "Paved Parking area." Basement: Yes, Full Size: 6,717 sq. ft. "3 storey walkup" Lot Type: Rectangular Lot Size:  10800sq. ft.  66ft x 160ft "Backs Onto the Waterfront" Has Suite: Yes Taxes: $6,412.78 (2011) MLS®: 1108836
 
Description

Income Property, 6 Legal apt Units. 5 - 2 Bedrooms, 1 - 1 Bedrooms. Great Investment in the Future of Barrie. Walk to the new Go station, waterfront, and future shopping area. Newer Roof, Newer vinyl windows, newer boiler. Gross Income $60,000 per year. Tenants pay their own hydro, Landlord pays heat and water. Radiant Natural Gas Boiler heats building. Common. Net Income approx. $41,500 per year. Coin washer and dryer, approx. $100 per month. Great potential for future rent increases as tenants who want to be close to the Go station will likely pay more to walk to a Go train platform. All units in Good shape, no immediate repairs. New rubber membrane roof approx. 3 years old. Location will improve as the Allandale area grows in popularity and re-development starts to expand. New development in the immediate area. See attached list for Income Roll and expenses.
 
Features
Interior Features
▪ Alarm System ▪ Carpeted Floors ▪ Ceiling Fan
▪ Hardwood Floors ▪ Laundry Room
Heating
▪ Hot Water / Steam ▪ Natural Gas ▪ Radiant
Exterior Finish
▪ Brick ▪ Concrete Block
Sewer/Water Systems
▪ Public
Roof
▪ Asphalt ▪ Other
Lot Features
▪ Fenced ▪ Fenced Yard ▪ Front Porch
▪ Lawn ▪ Patio ▪ Trees / Shrubs
View
▪ City Lights ▪ Downtown ▪ Lake
▪ Water View
Extra Features
▪ Cable Available ▪ High Speed Internet Available ▪ Public Transportation
Appliances
▪ Dryer ▪ Gas Range ▪ Oven Range
▪ Refrigerator ▪ Stove ▪ Washer
Buying Options
▪ Trades Considered
Brokered and Advertised by:   REALTY EXECUTIVES Of Simcoe Inc. P2#6185923
 

Information is deemed to be correct but not guaranteed.



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