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246 MISSISSAGA Street W, Orillia, Ontario, L3V3B5
Bathrooms5 Bedrooms11
Property TypeMulti-family Building Area2991

Fully updated, turn-key 4-plex in Orillia. Amazing investment opportunity! One 3 bed unit & three 2 bed units to maximize rental income. All units are completely separate (no common space for the landlord to manage/pay for). Current rents are Unit #1 $2,500/mo.+, Unit #2 Vacant, Unit #3 $2,400/mo.+, Unit #4 Vacant. Vacant units allow you to continue to set current market rents! Each apartment is bright and has been renovated and has its own separate entrance. Large parking lot provides parking spaces for each unit. Mature trees provide shade in the summer. In-suite laundry in each unit + extra laundry unit in basement. Great central location close to all amenities - bus transit, parks, hospital & shopping, and waterfront. Updated hydro, heat and water systems all separately metered. Estimated annual rents are $107,400. Tenants pay all utilities (heat, hydro, water). Definitely worth booking a showing to check this one out! (id:35071)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
Parking Total6 WaterfrontNo
Community FeaturesCommunity Centre Frontage Length76 ft
ViewNo
Building
Cooling TypeWall unit CoolingYes
HeatingBaseboard heaters,Forced air,Hot water radiator heat,Heat Pump Heating FuelNatural gas
Levels2 Number Of Units Total4
PoolNo SewerMunicipal sewage system
Stories2

Listing Office: CENTURY 21 B.J. ROTH REALTY LTD., BROKERAGE, ORILLIA

Data Provided by The Lakelands Association of REALTORS®

Last Modified :07/06/2022 09:21:05 AM

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