10 - 242 Penetanguishene Road, Barrie (Georgian Drive), Ontario

About 10 - 242 Penetanguishene Road

**TURNKEY INVESTMENT OPPORTUNITY!** Welcome to 10-242 Penetanguishene Road. A unique and income producing townhouse offering an excellent opportunity for investors seeking strong rental income with tenants already in place. The property generates $3,300/month in gross rental income. This fully tenanted property offers immediate cash flow from day one. New washer and dryer were installed in 2023. At an asking price of $449,999, the property offers an approximate 9.9% gross rental yield with estimated known annual expenses of approximately $12,652 and an estimated NOI of approximately $26,948 before maintenance, vacancy and other potential operating expenses. Additional parking can be purchased from management for a monthly fee. Whether you're an experienced investor looking to add to your portfolio or searching for a property with multiple income streams, this is an opportunity worth exploring. (id:6289)

More Info on this Georgian Drive Row / Townhouse MLS® listing

10 - 242 Penetanguishene Road is a row / townhouse listing for sale in Barrie (Georgian Drive). The MLS® number is S13857138. It features 4 bedrooms, 4 bathrooms. It's currently listed for $449,999. For more details on MLS® S13857138, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This row / townhouse listing in Georgian Drive is available now!

Selling your Georgian Drive Row / Townhouse property?

Have a similar home to 10 - 242 Penetanguishene Road? If you’re thinking about selling your Georgian Drive row / townhouse property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Barrie (Georgian Drive) property.

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