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4
BEDROOMS3
BATHROOMS3
KITCHENS10
ROOMSS7025600
MLSIDContact Us
Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-22 | 2024-02-29 | 160 | $799,900 | - | Expired |
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Property Description
Don't miss out on this incredible income property opportunity! Soon-to-be vacant, this legal triplex allows you to set your own rental rates, or potential for a Short Term Rental unit. Unit A features a spacious 1-bedroom, 1-bathroom layout with a generously sized kitchen and living room. Unit B, located on the second floor, offers 2 bedrooms, 1 bathroom, and a comfortable living space. Unit C spans two floors and is a unique 1-bedroom, 1-bathroom unit with an open-concept living room/kitchen. The property boasts parking for up to 4 cars, accessible from Albert Street off a lane. Additional features include hot water heating, a steel roof, updated electrical systems, and an owned hot water tank. The property has been well maintained. Seize this opportunity to maximize your investment potential in a prime location! Located downtown, walking distance to all amenities, shopping, library, opera house, hospital, parks and more. With DS1 zoning it has many commercial uses
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
43' x 122'
Fronting
South
Taxes
$3,115 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Brick
Heat Type
Radiant
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Lane
Garage Type
None
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Similar Listings
ATTENTION INVESTORS! Seize this exceptional opportunity in downtown Orillia with this corner lot, positioned in an expanding City. This prime investment includes two 1-bedroom units, one 2-bedroom unit, and professional commercial space with offices and reception area. Recent enhancements encompass newer windows, a skylight, refreshed asphalt driveway, updated exterior doors, and a modernized electrical panel. Comprehensive financial details are readily available. Capitalize on this chance to anchor your investment portfolio in Orillia's thriving downtown area.
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