15 Bedroom
8 Bathroom
3,500 - 5,000 ft2
Central Air Conditioning
Forced Air
$2,299,000
Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly close to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 8 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate. (id:47351)
Property Details
MLS® Number
|
S12323957 |
Property Type
|
Multi-family |
Community Name
|
Orillia |
Parking Space Total
|
9 |
Building
Bathroom Total
|
8 |
Bedrooms Above Ground
|
15 |
Bedrooms Total
|
15 |
Appliances
|
Water Heater, Stove, Washer, Refrigerator |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick Veneer |
Foundation Type
|
Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
3 |
Size Interior
|
3,500 - 5,000 Ft2 |
Type
|
Other |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
94 Ft ,3 In |
Size Frontage
|
110 Ft |
Size Irregular
|
110 X 94.3 Ft |
Size Total Text
|
110 X 94.3 Ft|under 1/2 Acre |
Zoning Description
|
R5i(h1) |
Utilities
Cable
|
Installed |
Electricity
|
Installed |
Sewer
|
Installed |
https://www.realtor.ca/real-estate/28689257/82-fittons-road-e-orillia-orillia