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Home Details

Description

Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants. (id:39198)

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Additional media

https://video214.com/play/IcWhdAXDp6gXPofqJT2OlA/s/dark

Property taxes

$4,849.44 per year / $404.12 per month

Basement

Partially finished, Partial

Year build

1915

Type

Multi-family

Bedrooms

4

Bathrooms

3

Parking spots

3 Total

Floor

-

Balcony

-

Pool

-

External material

Brick | Vinyl siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Baseboard heaters, Forced air, Electric, Natural gas

Fire place(s)

-