2 Beds 4 Bath

103 Albert Street S, Orillia, ON L3V 5L1

Orillia L3V 5L1 Ontario

MLS: S12350207

$589,900

Added 21 days ago | For Sale

Listed by: Century 21 B.J. Roth Realty Ltd.

About Property

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!!

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 48 X 165
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Barrie Rd & Albert St S
  • Basement:Half,Unfinished , Half,Unfinished
  • Possession Date:
  • Annual Property taxes: $5502.76
  • Bedrooms:2
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Other
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:S12350207

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