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S6051635
$1,650,000

40 & 42 Penetang St (Mulcaster To Penetang)

Price: $1,650,000

Status: For Sale 

MLS®#: S6051635

$1,650,000
  • Tax: $11,176 (2023)
  • Community:City Centre
  • City:Barrie
  • Type:Residential
  • Style:Multiplex (2-Storey)
  • Beds:8+2
  • Bath:6
  • Basement:Apartment (Finished)

Features:

  • ExteriorBrick, Stucco/Plaster
  • HeatingForced Air, Gas
  • Sewer/Water SystemsSewers, Municipal

Listing Contracted With: SUTTON GROUP INCENTIVE REALTY INC., BROKERAGE

Description

Located Close To Downtown Barrie, There Are Two Neighboring Buildings That Offer A Prime Prospect For Building A Larger Structure Containing 25-30 Units. At Present, The Location Consists Of A Four Plex - Two Single-Bedroom Units And Two Double-Bedroom Units - At 40 Penetang St., And A Legal Duplex That Has Two Double-Bedroom Units At 42 Penetang St. These Properties Currently Generate A Combined Monthly Income Exceeding $7,900.00. The Property For The Proposed Construction Will Have A Road Frontage Of 102.7Ft And A Maximum Depth Of 208Ft.


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Maria Casula

Sales Representative

Sutton Group-Incentive Realty Inc., Brokerage

Helping People with Honesty, Integrity and Gratitude!

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