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Key Details
Sold Price $610,000
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 2,144 sqft
Price per Sqft $284
MLS Listing ID 40614062
Bedrooms 6
Annual Tax Amount $3,489
Property Description
An Amazing Investment opportunity in Central Orillia Location! Situated on a Spacious Lot allows for Plenty of Surface Parking. This Well-maintained Legal Triplex Located in Downtown, Close to all The Amenities, Shopping, Schools, Hospital, Parks and quick Access to Highway. It Features 2 Two Bedroom units and a One Bedroom unit Plus the Finished Basement which are independent with own Entries, Bathrooms and Kitchens on each Level with Shared Coined Laundry, Ensuring Privacy and Convenience for all Residents. Currently a 2 Bedroom Unit paying $1,000/mo and the 1 Bedroom Unit paying $1,250/mo on 2nd floor are Occupied by Long-Term Tenants and the other 2 Bedroom unit on Main Floor and Basement are Vacant Offering a Blank Slate for New Owners and Allows you to Set your own Rental Rates. The Property also offers the Flexibility for a First Time Buyer or an Owner-Occupant to Live in One Unit While Renting out the others to Offset your own Living Expenses. New Roof in 2024. Don't Miss Out on this Exceptional Property that Combines Convenience, Income Potential and a Fantastic Location. Book your Showing Today!
Location
Province ON
County Simcoe County
Area Orillia
Zoning Residential
Rooms
Other Rooms Shed(s)
Kitchen 0
Interior
Heating Natural Gas, Radiant
Cooling None
Laundry Coin Operated, Common Area, Shared
Exterior
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description City Lot, Hospital, Park, Public Transit, Rec./Community Centre, Schools
Story 2.5
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Vinyl Siding
New Construction No
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