Great Investment Property with Positive Cash flow !!!100 Nottawasaga St -
Great Investment Property with Positive Cash flow !!!
Legal Triplex In Downtown Orillia.
Tenants Live In 3 Self-Contained Units, all separately metered and entrance.
The front unit comes with a front yard, kitchen, living dining, 2 split bedrooms and a 4 Piece Bathroom. The unit is in the process of being rented for $1100.00
The ground floor rear unit has 3 separate entrances with a potential to be split into 2 separate units to be rented to separate tenants. Currently rented to a tenant for $1200.00 per month. The unit has 2 living and Dining rooms, 2 Bedrooms, 2 Bathrooms, Kitchen and a back porche leading to the backyard.
The second floor unit has a separate enclosed stairs leading to 2 Bedrooms, 1 living dining, 1 kitchen and 1 4 piece bathroom.
Basement is the fourth unit with its own separate entrance, kitchen, living room and a study. Currently vacant.
Great location! You cannot go wrong with this investment property that yields $3000 per month with a net income of $22,556.
Next To the Park, Library, Shopping, Entertainment, Couchiching Beach board walk and park, Marina, restaurants...all at a walk's reach.
On The Bus Route.
Included : All Existing Appliances ""In As Is Condition"" Inclding 4 Stoves, 3 Frdges, 2 car Garage, Storage Shed, Green House in the backyard, 3 Sep Hydro Meters. Existing Mth-To-Mth Tenants. Newer Oil based Forced Air Furnace(1993), Shingles replaced in 2015.
Exclude : All Tenants' belongings, curtains, etc.
- ID: S3931953
- Beds: 9
- Total Rooms: 15
- Lot Size: 46.5 x 158 Feet
- Property ID: 101269391
- Baths: 5 (Full: 3 3/4: 2 1/2: 0 Other: 0)
- Parking Type Description: Detached 2 cars
- Estimated Annual Taxes: $4,963
- Style: 2-Storey
- Status: Sold
- New Construction: No