$730,000
FOR SALE

Triplex

Bedrooms: 4Bathrooms: 3Lot: 42 x 100 ft

53 Elgin Street
Orillia, ON L3V 1S1

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:47421)
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Listed By Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia
Data Provided By OnePoint - The Lakelands
MLS® Listing Number 40651043
Last Updated Sep 27, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision South Ward
Price History

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Detailed Information
Bedrooms 4
Bathrooms 3
Lot 42 x 100 ft
Amenities Nearby Public Transit, Shopping
Features Crushed stone driveway, Laundry- Coin operated, Sump Pump
Listing Contract Date 2024-09-27
Location Description Elgin Street, between Peter & Matchedash Streets
Ownership Type Freehold
# of Parking Spaces 3
Property Type Multi-family
Structures Shed, Porch
Transaction Type For sale
Zoning Description R3
Building
Basement Development Partially finished
Basement Type Partial (Partially finished)
Constructed Date 1915
Cooling Type None
Exterior Finish Brick, Vinyl siding
Fire Protection Security system
Foundation Type Block
Heating Fuel Electric, Natural gas
Heating Type Baseboard heaters, Forced air
Stories Total 2.5
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Public Transit, Shopping
Sewer Municipal sewage system

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