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77 Matchedash St S

Matchedash St S, Orillia, Orillia, ON, L3V 4W6

-
Beds
-
Baths
4,316
Sq. Ft.
$1,750,000
List Price
Details
Photos
6
Comparables
History
77 Matchedash St S, Orillia, ON - 1 of 3
77 Matchedash St S, Orillia, ON - 2 of 3
77 Matchedash St S, Orillia, ON - 3 of 3
70 days on market

Quick Summary

  • Turnkey 9-unit purpose-built property
  • Lucrative 5% cap-rate under $200K/unit
  • Generates over $120K in gross income
  • Majority of units newly renovated
  • Minimal utility expenses for owner
  • On-site superintendent for easy management
  • Potential for increased rental returns
  • Ideal for savvy cash flow investor

Welcome to 77 Matchedash Street S! This turnkey 9-unit building in the heart or Orillia is a well-taken care of purpose-built property. With lucrative returns and a 5% cap-rate on the acquisition while under $200,000.00 per unit! Over $120,000.00 in gross operating income with room for upside in rents upon turnover and other creative... Show More

Welcome to 77 Matchedash Street S! This turnkey 9-unit building in the heart or Orillia is a well-taken care of purpose-built property. With lucrative returns and a 5% cap-rate on the acquisition while under $200,000.00 per unit! Over $120,000.00 in gross operating income with room for upside in rents upon turnover and other creative conversion options! The majority of the units have been newly renovated with some capital expenditures completed in recent years. Minimal utility expenses paid by the owner and on-site superintendent for ease of management. This property is the perfect fit for a savvy investor looking for immediate cash flow with the potential for increased returns. (id:54626)

Property Details

Size

4,316 sq. ft.
0 Beds
0 Baths

Parking

6 Parking Spaces
-

Lot

Size
780′0″ * 811′0″
Acres
-

Heating & Cooling

Heating
Other
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
S9034917
Last Updated
September 4, 2024
Brokerage
EXP REALTY
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Call us 800-591-0566

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