Orillia - Orillia
Orillia - Orillia
Sold For$589,900
Sold 7 months ago
This legal 4 plex will impress you the moment you arrive. Extensive renovations in 2017 to create 4 efficient apt's. All done by permit and final occupancy granted from the City building dep't. Each unit has separate heat and hydro so tenants pay their own utilities except for water. Gas heat in 3 of the 4 units. Electric in the 4th unit. Paved driveway with 4 parking spots, metal roof and deep lot. Apt #1 - 1br - $1,100 + gas & hydro. Apt #2 - 1br - $895 + gas & hydro. Apt #3 - Bachelor - 925 + gas & hydro. Apt #4 - Bachelor - 917 + hydro. Gross annual rent - $47,244. Expenses - Insurance - 2508, Water - 2020, Taxes - 5382, Snow/Grass - 1600. Total Expenses = 11,510. A nice downtown investment opportunity!!
* Values are estimates only and not a guarantee of lending or affordability.
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