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9 + 1
BEDROOMS4
BATHROOMS4
KITCHENS16
ROOMSS8396926
MLSIDContact Us
Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-03 | 2024-10-21 | 140 | $1,149,999 | - | Expired |
2024-04-16 | 2024-06-03 | 48 | $1,199,999 | - | Terminated |
2023-04-06 | 2024-01-28 | 297 | $999,999 | - | Terminated |
2022-09-19 | 2022-12-15 | 87 | $1,500,000 | - | Expired |
2022-09-19 | 2022-10-07 | 18 | $1,500,000 | - | Suspended |
2022-01-14 | 2022-01-23 | 9 | $699,900 | $830,000 | Sold |
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Property Description
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.
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Property Details
Street
Community
City
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
44' x 115'
Fronting
East
Taxes
$6,659 (2024)
Basement
Apartment
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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