Multi-Family for Sale in Barrie
166 Collier St, Barrie, ON
- 5 BEDS
- 4 BATHS
- 11,550 sq.ft. Land
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- Multi-Family for Sale in Barrie
Key Facts
- MLS® #: S12917266
- Property ID: SIRC3201559
- Property Type: Residential, Fourplex
- Lot Size: 11,550 sq.ft.
- Bedrooms: 5
- Bathrooms: 4
- Parking Spaces: 5
- Listed By:
- SUTTON GROUP INCENTIVE REALTY INC.
Property Description
Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. . The NET operating income is approximately $65,000 a year! That's over a 5.2% cap rate. All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won't be disappointed. LA is owner.
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Location
166 Collier St, Barrie, Ontario, L4M 1H7 Canada
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