$1,700,000

252 Steel Street

Barrie ON, L4M 2G9

Description

Completely Up-To-Date And Fully Renovated Purpose Built Six Plex. All Units Are Occupied And Achieving Market Rents With The Tenant's Additionally Paying For Heat And Hydro. Each Unit Is Equipped With Its Own In-Suite Laundry & Furnace. Lower level units have 11 foot ceilings and feel like loft apartments! Great Location Near Rvh & Georgian College, Easy Access To Hwy 400 Or Hwy 11 And On Bus Route. This Is A very stable Asset For Any Portfolio Because these 2 and 3 bdrm units are so desirable they'll always be filled! Asking Price Represents a 5.09% Cap Rate. Don't hesitate!

Details

MLS#30784592
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site10

Features

SQ Feet5,700
Story(s)0

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Area Information

ProvinceON
CountySimcoe County
CityBarrie
Postal CodeL4M 2G9
AreaBA - Barrie
Listing VS Median (in L4M 2G9)
Price:
$1,700,000
low | high
Med:
$1,700,000
50% of Average
SqFt:
5,700
low | high
Med:
5,700
50% of Average
$ / SqFt:
$298
low | high
Med:
$298
50% of Average
On Site:
10
low | high
Med:
8.5
100% of Average
Listing Updated: 01/19/2020
MLS Number: 30784592
Listing Provided By:
Stephanie Maye  of  Maven Commercial Real Estate Brokerage
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