Investors! Legal Triplex. Well Cared For & Shows Pride Of Ownership. Central Location, Steps To The Lake, Close To The Hwy And Downtown. Large In-Town Lot 50 Ft. X 200 Ft. Parking For 4 Cars. Each Unit Has Its Own Private Deck. Mf 2 Bed With Laundry $1,700/Mo. Inc., Lower 1 Bed Unit With Gas Fireplace & Laundry Rents For $1,400/Mo. Inc.,...
Investors! Legal Triplex. Well Cared For & Shows Pride Of Ownership. Central Location, Steps To The Lake, Close To The Hwy And Downtown. Large In-Town Lot 50 Ft. X 200 Ft. Parking For 4 Cars. Each Unit Has Its Own Private Deck. Mf 2 Bed With Laundry $1,700/Mo. Inc., Lower 1 Bed Unit With Gas Fireplace & Laundry Rents For $1,400/Mo. Inc., And Upper 2 Bedroom Cozier Unit Rents For $1,300/Mo. Inc. Gross Annual Rents $52,800. Annual Taxes $3,619 (2020). Monthly Expenses Approx: Enbridge Gas $94 & Orillia Power $106. Asking Price Represents A 5.6% Cap Rate. Workshop In The Backyard And An Extra-Long Driveway! A Creative Investor Will Find A Way To Generate Additional Income Here.
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