Prime Real Estate Opportunity! 3-plex in the heart of Orillia within walking distance to the waterfront, downtown shops and restaurants. The main floor 1 bedroom unit is owner-occupied and will be vacant on possession. The upper level two bedroom unit is vacant allowing you to tenant at market rent and the main floor studio is currently tenanted, generating approximately $1200(inclusive) per month with an A+ tenant who must be assumed. Here's your opportunity to live in one unit and have the other units help pay your mortgage. Or add to your investment portfolio as a rental property. Upgrades include: Metal roof (2020), High Eff Napoleon Furnace (2020), new flooring upper level unit, some windows replaced. The downtown waterfront redevelopment really does make this a prime investment opportunity! Property being sold As Is, with no representation or warranty by Seller. (id:47421)
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Listed By
Keller Williams Experience Realty, Brokerage (Unit B)
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Detailed Information
Bedrooms
3
Bathrooms
2
Lot
32 x 103 ft
Amenities Nearby
Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features
Community Centre, School Bus
Equipment
None
Features
Park/reserve, Crushed stone driveway
Listing Contract Date
2023-02-23
Location Description
Front St to Colborne St E
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
None
Structures
Porch
Transaction Type
For sale
Zoning Description
c4i
Building
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Construction Material
Wood frame
Construction Style (Attachment)
Detached
Cooling Type
None
Exterior Finish
Brick, Wood
Fire Protection
Smoke Detectors, Security system
Fixture
Ceiling fans
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
0.075 acres
Access Type
Road access, Highway access
Amenities
Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer
Municipal sewage system
Size of Irregular Land
0.075
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