Top 5 Reasons You Will Love This Property: 1) Rare opportunity to own a renovated and turn-key, multi-unit commercial building in the heart of Orillias blossoming downtown 2) Enjoy a cap rate over 6% with five fully tenanted units, including two commercial spaces on the main level, one being a laundromat and the other being a clothing store 3) Three modernized and updated, two-bedroom residential units with an additional long-term revenue upside 4) Recent updates include a TPO roof, copper and pex plumbing throughout, and $581/month increased NOI 5) Directly across the street from the Orillia Public Library and Opera House in one of Orillia's most coveted downtown neighbourhoods. 5,816 fin.sq.ft. Age 104. Visit our website for more detailed information. (id:31697)
MLS® Number | S8228264 |
Property Type | Multi-family |
Community Name | Orillia |
Amenities Near By | Public Transit |
Parking Space Total | 3 |
Appliances | Microwave, Refrigerator, Stove |
Cooling Type | Fully Air Conditioned |
Heating Type | Baseboard Heaters |
Size Interior | 5224 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit |
Size Irregular | 26.62 X 137.7 Ft |
Size Total Text | 26.62 X 137.7 Ft |
https://www.realtor.ca/real-estate/26743034/31-mississaga-street-w-orillia-orillia
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