This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800 Annually For The Owner. The Annual Expenses Are Roughly: Hydro 580/month Gas 360/month Water 320/month Insurance 500/month Tax 4800/year Maintenance 2000/year. Monthly rental income: Unit 1 $1550, unit 2 $1650, unit 3 $1850, unit 4 $2000. The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. Motivated Seller. |
Extras: Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses. |
Price | $1,149,999 |
Taxes: | $6659.02 |
Address: | 371 East St , Orillia, L3V 4C6, Ontario |
Lot Size: | 44.00 x 115.00 (Feet) |
Directions/Cross Streets: | East St. & Oxford St. |
Rooms: | 16 |
Bedrooms: | 9 |
Bedrooms +: | 1 |
Kitchens: | 4 |
Family Room: | N |
Basement: | Apartment |
Approximatly Age: | 51-99 |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Alum Siding, Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 5 |
Pool: | None |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 2000-2500 |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ZOLO REALTY |
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Type: | Freehold - Fourplex |
Area: | Simcoe |
Municipality: | Orillia |
Neighbourhood: | Orillia |
Style: | 2-Storey |
Lot Size: | 44.00 x 115.00(Feet) |
Approximate Age: | 51-99 |
Tax: | $6,659.02 |
Beds: | 9+1 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |