Size
1700 sqft
Lot size
305.09 sqm
Street frontage
E
Possession
-
Price per sqm
$3,070
Taxes
-
Parking Type
None
Style
Bungalow Raised
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Description
Looking for an lucrative investment property - THIS IS IT! Two level legal confirming duplex in family friendly safe neighbourhood. Close to schools, shopping, waterfront. Present Income: Unit A: Upper $1700/mo. 1 yr lease ending Sept 2021. Unit B: Lower $1500/mo. 1 year lease ending Oct 2021. (Annual Revenue: $38,400). Expenses for building: Hydro: $3200/yr, Water: $1027/yr, Taxes: $2675/yr. (Annual Expenses: $6887) TOTAL GROSS INCOME: $31,512 (minus mortgage) Parking for 5 cars. Interior recently updated. Tenants galore to choose from....rental shortages in Orillia make this investment a no-brainer!
Broker: One Percent Realty Ltd.
MLS®#: H4093629
Property details
Parking:
Yes
Parking type:
None
Property type:
Detached
Heating type:
Baseboard
Style:
Bungalow Raised
MLS Size:
158 sqm
Lot front:
10.97 M
Lot depth:
28.35 M
Listed on:
Dec 2, 2020
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