31 Frederick Street Active

Orillia,ON L3V 5W5

$ 999900

2 Beds

2 Baths

3175 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,175 sqft

Price per Sqft $314

MLS Listing ID 40658621

Bedrooms 2

Annual Tax Amount $8,319

Property Description

This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy.

Location

Province ON

County Simcoe County

Area Orillia

Zoning HC2

Rooms

Kitchen 0

Interior

Heating Baseboard,Electric,Forced Air,Natural Gas

Cooling Central Air,Other

Laundry None

Exterior

Garage Asphalt,Other

Waterfront No

Roof Type Asphalt Shing

Building

Lot Description Business Centre,City Lot,Hospital,Public Transit,Schools

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding

New Construction No

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