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Investment Opportunity In The Heart Of Orillia! This 9-Plex Was A Motel Conversion In 2016 And Subsequently Has All New Electrical, Plumbing, Insulation, Drywall, Doors, Trim, Roof And Fire/Smoke As Of 2016/2017. All Inspections Were Passed By The City Of Orillia. This Property Also Features A Public Coin Laundry That Has Further Potential For More Income. You Can Fit 4 Washers And Dryers Without Any Renovations And Could Ask $3+/Cycle. Currently Only 2 Washers And Dryers Set At $2/Cycle. Current Coin Laundry Monthly Income Is $400/Mo. The Fenced Area Behind The Building, Accessible From North St, Is Part Of The Lot And Currently Used As Common Green Space. In Floor Radiant Heat (Navien System) Makes This Property Extremely Efficient And Inexpensive To Maintain. One Of The Top Features Here Is How Affordable The Monthly Utilities Are. Parking For Each Unit Is Included As Well As 4 Visitor Parking Spots In Addition To. Come See This One In Person. (id:24093)
Listed by KALEB STREETER of EXIT LIFESTYLE REALTY

Property Details of 320 Laclie Street

Property Details

Map Location

"Based on information submitted to CREA as of December 5, 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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