Property Information:
Turnkey bungalow-style triplex in central Orillia offering strong cash flow and flexibility. Two units recently renovated with significant investment, providing modern finishes and low near-term maintenance. Two units currently rented, generating immediate income. Third unit is vacant and market-ready, with projected rent of $2,300/month, ideal for setting market rent or owner occupancy. List price of $899,999 supports a high cap rate, making this an excellent opportunity for investors or first-time buyers looking to live in one unit while renting the others to offset mortgage costs. Features include separate entrances to all units, private parking, and a durable metal roof. Conveniently located near downtown, hospital, shopping, and amenities. A rare chance to secure a solid income property with upside in a growing market. (id:27)
Building Features:
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Style:
Triplex
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Building Type:
Triplex
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Architectural Style:
Raised bungalow
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Basement Type:
N/A
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Exterior Finish:
Aluminum siding
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Floor Space:
2500 - 3000 sqft
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Foundation Type:
Poured Concrete
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Heating Type:
Forced air
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Heating Fuel:
Electric
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Cooling Type:
None
