Size
-
Lot size
470.09 sqm
Street frontage
E
Possession
Tenanted
Price per sqm
$4,957 - $6,183
Taxes
$6,659.02 (2024)
Parking Type
-
Style
2-Storey
See what's nearby
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.
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.
Broker: ZOLO REALTY
MLS®#: S8396926
Property details
Parking:
5
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
186-232 sqm
Lot front:
13.41 M
Lot depth:
35.05 M
Listed on:
Jun 4, 2024
Show all details
Create an account
Create an account