Orillia - Orillia
Orillia - Orillia
Listed For $850,000
Get Pre-approvedTerminated Mar 2025
PROPERTY OVERVIEW: "LEGAL FOURPLEX IN ORILLIA WITH 9 + 1 BEDROOMS, 4 WASHROOMS, 5 PARKING SPACES, GENERATING A TOTAL MONTHLY RENTAL INCOME OF $7,450.THE PROPERTY ON A LOT MEASURING 44 FEET BY 115 FEET, TOTALING APPROXIMATELY 5,060 SQUARE FEET. THE PROPERTY FEATURES NEWLY PAVED DRIVEWAY AND PARKING LOT, STEEL ROOF. UNIT BREAKDOWN: UNIT 1: 3 BEDROOMS, 1 BATHROOM, KITCHEN - RENTED AT $1,600/MONTH (1 PARKING SPOT) UNIT 2: 1 BEDROOM, 1 BATHROOM, KITCHEN - RENTED AT $1,350/MONTH (1 PARKING SPOT) UNIT 3: 4 BEDROOMS, 1 BATHROOM, KITCHEN - RENTED AT $2,500/MONTH (2 PARKING SPOTS) UNIT 4: 2 BEDROOMS, 1 BATHROOM, KITCHEN - RENTED AT $2,000/MONTH (1 PARKING SPOT) PRIME LOCATION: CONVENIENTLY LOCATED CLOSE TO DOWNTOWN ORILLIA, AND KEY EDUCATIONAL AND RECREATIONAL HUBS: GEORGIAN COLLEGE, LAKEHEAD UNIVER
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