For Sale — $1,199,999
For Sale — $1,199,999
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.
Virtual TourDetails
Property
371 East StreetOrillia, Ontario, Canada
2-Storey
Alum Siding,Vinyl Siding
44X115 Feet
S8241026
Listing provided by
Harvey Kalles Real Estate Ltd., Brokerage
April 17, 2024
April 17, 2024
Financial
For Sale$1,199,999
$6,659 (2023)
Utilities
NoGas
Forced Air
Municipal
Sewers
Rooms
9+14
16
Apartment
Parking
5.0Private
None
Rooms
| Floor | Rooms | Dimensions | Description |
|---|---|---|---|
| — | Bathroom | — | 4x3-piece |
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✓ Hospitals
✓ Doctors
✓ Dentists
✓ Veterinarians
✓ Pharmacies
✓ Cinemas
✓ Restaurants
✓ Grocery Stores
✓ Liquor, Beer & Wine
✓ Fitness
✓ Pools
✓ Tennis Courts
✓ Ice Rinks
✓ Salon / Spa
✓ Banks
✓ Dry Cleaners
✓ Car Wash
✓ Attractions
✓ Places of Worship
✓ Medical Clinics
✓ Recreation Centres
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