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3967 CONCESSION 12 RD - 8 PLEX WITH STRONG INCOME AND GREAT INVESTMENT OPPORTUNITY COMES WITH 25 ACRES, ADJACENT TO THE MARGARET ORR SUB-DIVISION. 10 MINUTES FROM ORILLIA. CONSISTS OF 2 BUILDINGS ON SEPARATE WELLS. A 6 PLEX AND A DUPLEX WITH AN ADDITIONAL 32 X 75 BUILDING CURRENTLY USED AS STORAGE. THE 2 MULTI-FAMILY BUILDINGS HAVE MANY UPGRADES IN RECENT YEARS, INCLUDING BUT NOT LIMITED TO: EACH APARTMENT UPDATED, MOST NEWER WINDOWS, SOME NEWER DOORS, NEW SEPTIC SYSTEM, NEW WELLS, SOME UNITS NEW HEAT PUMP SYSTEMS. SETTING UP LAUNDRY FACILITIES ON SITE WOULD GAIN ADDITIONAL INCOME. ALSO RENTAL OF PROPERTY TO FARM OR STORE EQUIPMENT/BOATS/R.V`S. LOTS OF POTENTIAL HERE!

Property Details

  • ID: 1619309
  • Status: Active
  • New Construction: No
  • Lot Size: 485 X 2000
  • Elementary School: Uptergrove/Stbernard
  • Property ID: 101172619
  • Storeys: 2
  • Living Area: 7,226 Square Feet
  • Estimated Annual Taxes: $3,574
  • School District: Other
  • Style: Multi-Family
  • Parking Type Description: None 0 cars
  • Lot Area: 970,000.00 Square Feet
  • High School: Twin / Pf

Features

Allow Farming N
Dishwasher 0
Driveway Gravel, Double
Exterior Other
Flooring Laminate, Carpet
Foundation Block
Garage No
Heat Bill 0.0
Heating Heat Pump, Baseboard
Hydro Bill 8200
Insurance 3300
Laundry Income 0
Management 0.0
MultiFamily Misc Unfinished, Smoke Detector, Partial, None, Full, Extinguisher(s)
Other Zoning - Res, WASHERS - 0, Two Bed Units - 2, Total Rent Income - 75.600, Three Bed Units - 1, Taxes - 3574, Tax Year - 2016, Property Zone - Res, Outside Dimensions - N/A, One Bed Units - 4, Number of Rentals - 8, FRIDGES - 8, Four Bed Units - 1, Dryers - 1, Bachelor Bed Units - 0
Other Features None
Parking Description SEVERAL!
Rental None
Roof Asphalt Shingle
Sewer Type Septic
Snow Garbage 0.0
Stoves 8
Water Supply Well
Water/Sewer 0.0
Listed By Erna Collins of CENTURY 21 B.J. Roth Realty Ltd., Brokerage*