81 & 85 Peter Street Orillia, Ontario L3V 5B3
6,000 ft2
Partially Air Conditioned
Hot Water Radiator Heat
$1,500,000
Going-in cap rate of 6.4% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b & 5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Located downtown Orillia and 3-minute drive from Hwy 11 and Costco. (id:47351)
Business
Business Type | Residential |
Business Sub Type | Apartments |
Property Details
MLS® Number | S12286177 |
Property Type | Multi-family |
Community Name | Orillia |
Building
Cooling Type | Partially Air Conditioned |
Heating Type | Hot Water Radiator Heat |
Size Interior | 6,000 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Land
Acreage | No |
Size Depth | 64 Ft |
Size Frontage | 95 Ft |
Size Irregular | 95 X 64 Ft |
Size Total Text | 95 X 64 Ft |
Zoning Description | Multi Residential |
https://www.realtor.ca/real-estate/28608089/81-85-peter-street-orillia-orillia