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$1,149,999
Available - For Sale
Listing ID: S8396926
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: $6,659.02
Address: 371 East St , Orillia, L3V 4C6, Ontario
Lot Size: 44 x 115 (Feet)
Directions/Cross Streets: East St. & Oxford St.
Rooms: 16
Bedrooms: 9
Bedrooms +: 1
Washrooms: 4
Kitchens: 4
Family Room: N
Basement: Apartment
No. of Pieces Level
Washroom 1:  3
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
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ZOLO REALTY

371 East St , Orillia, L3V 4C6, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
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
Maintenance Fee: $0
Beds: 9+1
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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