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Sutton Group - Incentive Realty Inc., Brokerage - Barbara Curwen

  
   
Tel: 705-739-1300    Fax: 705-739-1330    Web: www.simcoecountyhomes.info  
 

3 PEEL STREET, Barrie, Simcoe County

 $499,900 CAD
Studio No Bathrooms  

3 Peel Front Exterior 2
Interior: Window Coverings, Heating
Exterior: Brick, Wood
Outdoor: Front Porch, Trees / Shrubs, Deck, RV Parking, Corner Lot, Shed, Lawn, Landscaped
Roof: Asphalt Shingles

3 Peel Front Exterior 2
3 Peel Living room main
3 Peel Main Floor Living
3peel-Front Entrance
3peel-Front Porch
3peel-Front Porch 2
3peel-Front Porch Woodwork Detail
3peel-Upper apt
3peel-Front living room
3peel-Apt Kitchen
3peel-Wiring
3 Peel Front Exterior
  Property Details

THE PROPERTY IS LOCATED IN A RESIDENTIAL AREA THAT ABUTS THE COMMERCIAL CORE OF THE CITY OF BARRIE. THIS IS A POPULAR AREA WITH NEWER AND OLDER MULTI-UNIT RESIDENTIAL BLDINGS AND PROFESSIONAL OFFICES

THE CLOSE PROXIMITY TO DOWNTOWN, PUBLIC TRANSPORTATION, LIBRARY AND THE LAKE, MAKE THIS A VERY POPULAR AREA.

THREE OF THE APARTMENTS ARE CURRENTLY UNDER RENOVATION AND WILL BE RENTED.

BASEMENT IS PARTIAL UNFINISHED AND ONLY UNDER MAIN WEST PORTION OF THE HOUSE AND ONLY USED FOR UTILITY ROOM. ACCESS FROM OUTSIDE HATCH AND STAIRWAY. MANY UPGRADES FROM ELECTRICAL TO BOILER

EXTERIOR WORK HAS BEEN COMPLETED TO MAINTAIN THE VICTORIAN APPEAL OF THE HOUSE.

THE NEW FRONT DOORS, WELL MAINTAINED WOODWORK AND GINGERBREAD AND INTERIOR INTEGRITY WITH FINISHED FLOORS AND HIGH CEILINGS IDENTIFY THIS AS A PRESTIGIOUS VICTORIAN STRUCTURE.
EXCELLENT INVESTMENT LEGAL 4-PLEX WITH ADDITIONAL APARTMENT CLOSE TO DOWNTOWN, LAKE AND COURTHOUSE.THE PROPERTY IS PERFECT FOR HOME-BASED BUSINESS OR OWNER OCCUPIED WITH RENT FROM FOUR APARTMENTS. MAIN FLOOR 3 BEDROOM, 1-2 BEDROOM, 3-1 BEDROOM. TWO OF THE APARTMENTS ARE RENTED AND OTHERS ARE CURRENTLY BEING RESTORED AND WILL THEN BE RENTED. HOWEVER, IF BUYER WISHES TO COMPLETE RENOS, THE PRICE CAN BE NEGOTIATED ACCORDINGLY.
THIS IS A BEAUTIFUL HISTORIC BUILDING, CIRCA 1873 THAT IS IN REASONABLY GOOD CONDITION. EXTERIOR WOODWORK HAS BEEN RESTORED AND SOME OTHER EXTERIOR AND INTERIOR WORK HAS BEEN COMPLETED. INTERIOR ORIGINAL HARDWOOD FLOORS HAVE BEEN REFINISHED, CERAMIC TILE HAS BEEN INSTALLED. SOME LAMINATE FLOORING INSTALLED IN TW0 APARTMENTS, NEW APPLIANCES IN TWO APARTMENTS, AND INTERIOR HAS BEEN REPAINTED.
THE TWO APARTMENTS CURRENTLY RENTED ARE MONTH TO MONTH, 2-BEDROOM FOR $900 AND 1 BEDROOM $700. NEWLY RENOVATED 1-BEDROOM TO BE RENTED.
THE DRIVEWAY HAS RECENTLY BEEN PAVED. EXTERIOR HAS BEEN PROFESSIONALLY LANDSCAPED WITH A RETAINING WALL SURROUNDING THE PROPERTY AND INTERLOCKING BRICK PATHWAYS.
THE PROPERTY IS LOCATED IN AN EXCELLENT DOWNTOWN LOCATION. THE AREA IS QUIET, WITH HIGH VISIBILITY. YOU CAN WALK TO DOWNTOWN, THE LAKE, THE LIBRARY AND THE COURTHOUSE. THIS PROPERTY HAS EXCELLENT POTENTIAL. THIS WONDERFUL SIGNATURE PROPERTY IS A PIECE OF BARRIE'S HISTORY AND IS ONE OF THE PROPERTIES ON BARRIE'S HERITAGE WALK (ALTHOUGH NOT DESIGNATED AS HERITAGE). PROPERTY APPRAISED IN JUNE 07 AT $550,000. REPORT CAN BE MADE AVAILABLE TO INTERESTED PARTY. CALL LISTING AGENT FOR SAMPLE INCOME/EXP.STATEMENT.  

 

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