134 NAPIER STREET, Barrie (Codrington)

About this property

LEGAL TRIPLEX IN A PRIME BARRIE LOCATION WITH A MASSIVE 55 X 165 FT LOT! Situated in a convenient Barrie neighbourhood close to the lake, downtown, restaurants, schools, shopping, highway access, and a wide range of everyday amenities, this income-generating property offers an exceptional opportunity for investors or those looking to offset their mortgage with rental income. Set on an expansive lot, the property features a large fenced backyard with plenty of outdoor space, along with ample parking for five vehicles. Inside, the legal triplex consists of three self-contained units, each separately metered and offering its own kitchen, living area, and full bathroom. The main floor and upper-level units each feature two bedrooms, while the lower-level unit offers one bedroom, providing a versatile mix of living spaces. One unit is currently vacant, presenting an opportunity for an owner-occupant or investor to secure a tenant of their choice. Numerous updates add to the appeal, including a newer roof, windows, front door, and boiler, with two units also featuring AC wall units. All three have been renovated and tastefully updated, including improvements to plumbing and electrical, with convenient shared coin-op laundry available. Fire inspections are completed annually every December, adding another layer of confidence for prospective owners. A fantastic opportunity to own a well-maintained legal triplex in a sought-after Barrie location with plenty of space, convenient amenities, and income potential! (id:66811)