53 ELGIN Street

Orillia, Ontario, L3V1S1, Canada

$719,900

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.

EXTRAS: Crushed stone driveway, Laundry- Coin operated, Sump Pump

Virtual Tour: https://video214.com/play/IcWhdAXDp6gXPofqJT2OlA/s/dark

Last updated on : Tuesday 3rd of December 2024 09:42:25 AM

ADDRESS

Street : 53 ELGIN Street

City : Orillia

Province : Ontario

Country : Canada

Postal Code : L3V1S1

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PROPERTY SUMMARY

Property ID : 40651043

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 4

Bathrooms : 3

Parking : 3

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