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!! |
Price | $589,900 |
Taxes: | $5502.76 |
Assessment Year: | 2025 |
Occupancy: | Tenant |
Address: | 103 Albert Stre South , Orillia, L3V 5L1, Simcoe |
Directions/Cross Streets: | Barrie Rd & Albert St S |
Rooms: | 10 |
Bedrooms: | 2 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Half, Unfinished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | |
Washroom Type 2 | 3 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 4 |
Park #1 | |
Parking Type: | Private |
Park #2 | |
Parking Type: | Private |
Pool: | None |
Approximatly Square Footage: | 1500-2000 |
Property Features: | Sloping |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Other |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Century 21 B.J. Roth Realty Ltd. |
|
Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Simcoe |
Municipality: | Orillia |
Neighbourhood: | Orillia |
Style: | 2-Storey |
Tax: | $5,502.76 |
Beds: | 2 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |