Tony Di Carlo - Real Estate Investments

Allandale (Barrie, Ontario, CA - L4N 2R1)
MLS® $730,000 Income Property




"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.