Discover this impressive 240-foot deep lot adorned with mature trees located in one of Barries most sought-after east end neighbourhoods. Enjoy a short walk to Nelson Lookout with views of the Lake and close proximity to the downtown waterfront and restaurants. This property is a fantastic investment opportunity, currently a Legal non-conforming triplex with potential to complete a fourth bachelor apartment in the basement with separate entrance. Rough-in for an egress window, 3-piece bathroom, and kitchen have already been completed. If you have been searching for property with a huge lot in this neighbourhood, you'll find the potential to renovate back to a single-family home or build. The home is currently vacant and freshly painted. Separate hydro meters, separate entrances. Main floor 2 bed 2 bath unit and 2-1 bed units on second floor. The current owners have experienced full rental occupancy with no vacancies during ownership. Rental details, including rental amounts and cap rate included in attachements.Opportunities like this are rare. Don't miss out, book a showing to explore the potential that suits you best!
Property Features
- Date Listed: Friday, July 26, 2024
- Virtual Tour: View Virtual Tour for 46 Nelson Street
- City: Barrie
- Neighborhood: Codrington
- Major Intersection: Peugeot & Blake
- Full Address: 46 Nelson Street, Barrie, L4M 4J9, Ontario, Canada
- Living Room: Hardwood Floor, Large Window
- Kitchen: Eat-In Kitchen
- Living Room: Hardwood Floor, Large Window
- Kitchen: Eat-In Kitchen
- Living Room: Hardwood Floor, Large Window
- Listing Brokerage: Re/Max Hallmark Chay Realty - Disclaimer: The information contained in this listing has not been verified by Re/Max Hallmark Chay Realty and should be verified by the buyer.
