359-363 Duckworth Street Barrie, Ontario L4M 3X8
$18,600,000
Rare student housing investment opportunity in Barrie, for an investor looking for an immediate cash flow. These two apartment buildings are located seconds off Highway 400 and 300m away from Georgian College - Main Campus and walking distance to all major amenities. The two buildings are comprised of 32 units and 144 beds (total) and are to be sold as a package. The two buildings are grossing a combined $112,700 in rent each month. Projecting a 100% occupancy again in the fall and a gross monthly income of $120,000/mo. Favourable financing terms can be assumed. Showings by appointment only, to vacant units. (id:19173)
Property Details
| MLS® Number | 40283383 |
| Property Type | Other |
| Amenities Near By | Shopping |
| Community Features | High Traffic Area |
| Equipment Type | Water Heater |
| Parking Space Total | 50 |
| Rental Equipment Type | Water Heater |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 2010 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Flooring Type | Carpeted |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Exterior | 64408.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access, Highway Nearby |
| Acreage | Yes |
| Land Amenities | Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 258 Ft |
| Size Frontage | 200 Ft |
| Size Irregular | 1.18 |
| Size Total | 1.18 Ac|1/2 - 1.99 Acres |
| Size Total Text | 1.18 Ac|1/2 - 1.99 Acres |
| Zoning Description | Ra1 (sp-457) |
https://www.realtor.ca/real-estate/24598664/359-363-duckworth-street-barrie
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July 07 2022 06:59:20
London and St. Thomas Association of REALTORS®
Cushman & Wakefield Southwestern Ontario, Brokerage, Sutton Group Preferred Realty Inc., Brokerage