Welcome to 77 Matchedash Street S! This turnkey 9-unit building in the heart or Orillia is a well-taken care of purpose-built property. With lucrative returns and a 5% cap-rate on the acquisition while under $200,000.00 per unit! Over $120,000.00 in gross operating income with room for upside in rents upon turnover and other creative conversion options! The majority of the units have been newly renovated with some capital expenditures completed in recent years. Minimal utility expenses paid by the owner and on-site superintendent for ease of management. This property is the perfect fit for a savvy investor looking for immediate cash flow with the potential for increased returns. (id:31697)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | S9034917 |
| Property Type | Multi-family |
| Community Name | Orillia |
| ParkingSpaceTotal | 6 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 4316 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 67 Ft ,7 In |
| SizeFrontage | 65 Ft |
| SizeIrregular | 65 X 67.6 Ft |
| SizeTotalText | 65 X 67.6 Ft |
| ZoningDescription | C1 |
https://www.realtor.ca/real-estate/27161811/77-matchedash-street-s-orillia-orillia
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