Active
371 EAST ST
Orillia Ontario, L3V4C6
$1,199,999
Active
10 Beds
4 Baths
Residential
Courtesy of ZOLO REALTY
This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800 Annually For The Owner. The Annual Expenses Are Roughly: Hydro 580/month Gas 360/month Water 320/month Insurance 500/month Tax 4800/year Maintenance 2000/year. Monthly rental income: Unit 1 $1550, unit 2 $1650, unit 3 $1850, unit 4 $2000. The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. Motivated Seller. **** EXTRAS **** Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses. (id:41202)
S8241026
MLSⓇ ID
April 15, 2024
Listed
May 9, 2024
Updated
Map
371 EAST ST
Orillia Ontario, L3V4C6
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
4
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced air, Natural gas
Exterior/Building Features
Other Property Details
Garage
No
Parking Total
5
View
No
Pool
No
Courtesy of ZOLO REALTY, JOSHUA BORENSTEIN,
Listing Contact: (647) 793-1361
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