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Fully updated, turn-key 4-plex in Orillia. Amazing investment opportunity! One 3 bed unit & three 2 bed units to maximize rental income. All units are completely separate (no common space for the landlord to manage/pay for). Current rents are Unit #1 $2,500/mo.+, Unit #2 Vacant, Unit #3 $2,400/mo.+, Unit #4 Vacant. Vacant units allow you to continue to set current market rents! Each apartment is bright and has been renovated and has its own separate entrance. Large parking lot provides parking spaces for each unit. Mature trees provide shade in the summer. In-suite laundry in each unit + extra laundry unit in basement. Great central location close to all amenities - bus transit, parks, hospital & shopping, and waterfront. Updated hydro, heat and water systems all separately metered. Estimated annual rents are $107,400. Tenants pay all utilities (heat, hydro, water). Definitely worth booking a showing to check this one out! (id:24093)
Listed by SARAH J. STEVENS of CENTURY 21 B.J. ROTH REALTY LTD.,BROKERAGE,ORILLIA

Property Details of 246 Mississaga Street West

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"Based on information submitted to CREA as of June 27, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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