Barrie, Ontario Multi-plex Generating Over 400k!

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OntarioSells
Posts: 47
Joined: February 15th, 2013, 3:54 pm

Barrie, Ontario Multi-plex Generating Over 400k!

#1 Unread post by OntarioSells » May 5th, 2018, 8:36 pm

Fourplex, Centrally Located, Fully Rented, Income Generating $439,000.00

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Welcome to: 102 West St North, Orillia, ON
PropertyGuys.com ID # 255721
For more information please visit:
https://propertyguys.com/property/index/id/102747
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Great area for investment property and high demand for rental properties. Centrally located and just blocks from the main street of Downtown Orillia. This area is with in walking distance to all amenities, schools and downtown.

The property is 104 feet deep and irregular shaped. It has an old carriage house used as a shed, a long driveway and a fenced backyard with mature trees.

This 4 apartment home is fully rented and yields an average income of approximately $30,320. It features 2 two bedroom units (one on the main floor and one on the upper floor) and 2 one bedroom apartments (one on the 2nd floor and one in the basement.) Each unit includes its own fridge and stove. Also, each unit is controlled by its own separate heat zone. The siding and chimney have recently been redone and general maintenance is up to date.
The apartment has 3 long term tenants and a newer tenant that have expressed interest in staying on. A list breakdown of income and expenses will be made available to qualified buyers.

https://www.kijiji.ca/v-house-for-sale/ ... nFlag=true

1stBarrieDuplex
Posts: 231
Joined: August 10th, 2017, 4:53 pm

Re: Barrie, Ontario Multi-plex Generating Over 400k!

#2 Unread post by 1stBarrieDuplex » May 22nd, 2018, 5:42 pm

It sold!

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