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31 Frederick Street Orillia, Ontario L3V 5W5

3175 sqft
Central Air Conditioning Baseboard Heaters, Forced Air

$1,065,000

This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy. (id:31697)

Property Details

MLS® Number 40548627
Property Type Multi-family
AmenitiesNearBy Hospital, Public Transit, Schools
EquipmentType Water Heater
Features Paved Driveway, Sump Pump
ParkingSpaceTotal 10
RentalEquipmentType Water Heater

Building

Appliances Microwave, Microwave Built-in, Window Coverings
BasementDevelopment Partially Finished
BasementType Partial (partially Finished)
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FoundationType Stone
HeatingFuel Electric, Natural Gas
HeatingType Baseboard Heaters, Forced Air
StoriesTotal 2
SizeInterior 3175 Sqft
Type Triplex
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 132 Ft
SizeFrontage 60 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Hc2

https://www.realtor.ca/real-estate/26576904/31-frederick-street-orillia

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