103 Mulcaster Street, Barrie, ON L4M 3M7

$575,000
5
BD
2
BA
1,500
SqFt

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List Price
$575,000
Price Change
▼ $24,000 1787006161
MLS#
S13110124
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
5
Bathrooms
2
Living Area
1500-2000
Province
ON
Municipality
Barrie
Area
Simcoe
Neighborhood
Codrington
Subdivision
Mulcaster/ Codrington

Property Description

103 Mulcaster Street is a legally registered duplex ideally situated in the heart of downtown Barrie, just steps from Kempenfelt Bay, restaurants, city services, parks, and schools. This exceptional property offers a rare opportunity for both homeowners and investors, featuring five bedrooms, two full bathrooms, four parking spaces, separate entrances for each unit, two separate hydro meters, and two hot water tanks (one owned and one rented). Unit 1, located on the main floor, has been fully renovated and has never been lived in since completion. It includes brand new appliances, all with applicable manufacturer warranties, providing a truly turnkey living space. Unit 2, situated on the second floor, is currently tenanted at a premium rental rate, generating immediate income from day one. Perfect for first-time home buyers, this property offers the opportunity to live in a beautifully updated main-floor unit while using the rental income from the upper unit to help offset mortgage payments and reduce overall ownership costs.

Additional Information

Taxes
$3,755
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Rooms
9
Kitchens
2
Exterior
Brick, Vinyl Siding
Waterfront Type
Indirect
Garage Type
None
Pool
None
Parking Spaces
4
Parking Type
Available

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Calculator source: Real Geeks

Listing courtesy of VANGUARD REALTY BROKERAGE CORP..