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:31697)
| MLS® Number | S8396926 |
| Property Type | Single Family |
| Community Name | Orillia |
| ParkingSpaceTotal | 5 |
| BathroomTotal | 4 |
| BedroomsAboveGround | 9 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 10 |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| ExteriorFinish | Aluminum Siding, Vinyl Siding |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Fourplex |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 115 Ft |
| SizeFrontage | 44 Ft |
| SizeIrregular | 44 X 115 Ft |
| SizeTotalText | 44 X 115 Ft |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/26977872/371-east-street-orillia-orillia
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