FOR SALE
$549,000
102 Ferguson, Barrie, ON, L4N 7E5
3
3
700-1100
About the Property
Attention investors! This fully legal duplex is the perfect addition to your portfolio, offering strong rental income potential and immediate cash flow. The property was previously rented with the upper unit generating $1,500/month and the lower unit generating $3,500/month (rented by bedrooms), showcasing its excellent income potential. The basement also features an additional private room with its own bathroom and kitchenette/bar kitchen, creating even more flexibility for rental income.The property is currently vacant, giving you the rare opportunity to select your own tenants and set your own rents based on current market conditions.For added peace of mind, the home has already passed a Fire Inspection, making this a stress-free, compliant investment for any landlord.
Based on previous rents, the property has the potential to cashflow approximately $1,500 per month after expenses, making it an ideal opportunity for investors seeking both strong income and long-term appreciation.Whether you're expanding your portfolio or purchasing your first investment property, this high-performing legal duplex offers the flexibility, compliance, and cashflow investors are looking for.
Features
About the Property
Attention investors! This fully legal duplex is the perfect addition to your portfolio, offering strong rental income potential and immediate cash flow. The property was previously rented with the upper unit generating $1,500/month and the lower unit generating $3,500/month (rented by bedrooms), showcasing its excellent income potential. The basement also features an additional private room with its own bathroom and kitchenette/bar kitchen, creating even more flexibility for rental income.The property is currently vacant, giving you the rare opportunity to select your own tenants and set your own rents based on current market conditions.For added peace of mind, the home has already passed a Fire Inspection, making this a stress-free, compliant investment for any landlord.
Based on previous rents, the property has the potential to cashflow approximately $1,500 per month after expenses, making it an ideal opportunity for investors seeking both strong income and long-term appreciation.Whether you're expanding your portfolio or purchasing your first investment property, this high-performing legal duplex offers the flexibility, compliance, and cashflow investors are looking for.
Features
Property Details
MLS#:
X12953206
Status:
For Sale
Property Type:
Detached
Central A/C:
No
Bedrooms:
3+1
Heating Fuel:
Forced Air
Bathrooms:
3
Heating Type:
Forced Air
Parking:
1 Spot
Cross Street:
From Main St, take West St.S to #59.
Basement:
Apartment, Separate Entrance, Full, Walk-Up
Property Details
MLS#:
X12953206
Status:
For Sale
Property Type:
Detached
Central A/C:
No
Bedrooms:
3+1
Heating Fuel:
Forced Air
Bathrooms:
3
Heating Type:
Forced Air
Parking:
1 Spot
Cross Street:
From Main St, take West St.S to #59.
Basement:
Apartment, Separate Entrance, Full, Walk-Up
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Presented By:
RE/MAX MILLENNIUM REAL ESTATE
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Presented By:
RE/MAX MILLENNIUM REAL ESTATE