$ 719,900
53 ELGIN Street Orillia, ON L3V1S1
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$ 719,900
Est. payment /mo
Price Dropped by $10K
53 ELGIN Street Orillia, ON L3V1S1
4 Beds
3 Baths
2,005 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,005 sqft
Price per Sqft $359
Subdivision South Ward
MLS® Listing ID 40651043
Bedrooms 4
Originating Board OnePoint - The Lakelands
Year Built 1915
Property Description
Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants. (id:24570)
Location
State ON
Interior
Heating Baseboard heaters, , Forced air,
Cooling None
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia