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77 Matchedash Street S Orillia, Ontario L3V 4W6

4316 sqft
Fully Air Conditioned Other

$1,750,000

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)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number S9034917
Property Type Multi-family
Community Name Orillia
ParkingSpaceTotal 6

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 4316 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

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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