4 Bedroom
4 Bathroom
1,500 - 2,000 ft2
Wall Unit
Forced Air
Landscaped
$859,900
7.3% cap. Most fourplexes that come up need something: units to renovate, rents to catch up, or a hydro bill you inherit. This one needs none of it. All four units are renovated, leased, and separately metered, so tenants carry their own power and your operating exposure stays where you can predict it. The quality of the finishes is why it leases the way it does. Units get picked up quickly and no more vacancy, which is the difference between a building that runs itself and one that runs you. The capital cycle is finished. Roof 2019. High-efficiency furnaces and attic insulation 2020. Roof and eave heating cables 2021. Concrete collar, upper-level siding and storage shed 2022. Paved parking and main-floor air conditioning 2023. Water heater owned, not rented. Solid brick construction, zoned Fourplex, with four parking spaces, shared basement laundry and private entrances for the main-floor units. The businesses of Downtown Orillia, waterfront boardwalk, scenic trails and Lakehead University are all a walk away, which is what keeps the tenant pool deep and the units full. (id:50976)
Property Details
|
MLS® Number
|
S13638498 |
|
Property Type
|
Multi-family |
|
Community Name
|
Orillia |
|
Amenities Near By
|
Park, Place Of Worship, Public Transit |
|
Parking Space Total
|
4 |
|
Structure
|
Deck, Patio(s), Porch |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Total
|
4 |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Water Heater, Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Cooling Type
|
Wall Unit |
|
Exterior Finish
|
Brick |
|
Fire Protection
|
Smoke Detectors |
|
Flooring Type
|
Vinyl |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park, Place Of Worship, Public Transit |
|
Landscape Features
|
Landscaped |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
130 Ft |
|
Size Frontage
|
35 Ft |
|
Size Irregular
|
35 X 130 Ft |
|
Size Total Text
|
35 X 130 Ft |
|
Zoning Description
|
Fourplex |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Living Room |
3.45 m |
3.45 m |
3.45 m x 3.45 m |
|
Second Level |
Kitchen |
1.88 m |
2.41 m |
1.88 m x 2.41 m |
|
Second Level |
Bedroom 3 |
3.48 m |
3.78 m |
3.48 m x 3.78 m |
|
Second Level |
Living Room |
3.53 m |
4.24 m |
3.53 m x 4.24 m |
|
Second Level |
Kitchen |
2.44 m |
2.13 m |
2.44 m x 2.13 m |
|
Second Level |
Bedroom 4 |
3.45 m |
3.05 m |
3.45 m x 3.05 m |
|
Main Level |
Bedroom |
3.35 m |
3.25 m |
3.35 m x 3.25 m |
|
Main Level |
Living Room |
3.63 m |
3.25 m |
3.63 m x 3.25 m |
|
Main Level |
Kitchen |
2.11 m |
2.39 m |
2.11 m x 2.39 m |
|
Main Level |
Bedroom 2 |
2.72 m |
3.3 m |
2.72 m x 3.3 m |
|
Main Level |
Living Room |
3.38 m |
3.3 m |
3.38 m x 3.3 m |
|
Main Level |
Kitchen |
2.3 m |
2.4 m |
2.3 m x 2.4 m |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/30115367/66-nottawasaga-street-orillia-orillia
