$589,900
$589,900
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103 Albert ST S Orillia, ON L3V 5L1
2 Beds
4 Baths
Key Details
Sold Price $589,900
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Orillia
MLS Listing ID S12350207
Style 2-Storey
Bedrooms 2
Annual Tax Amount $5,502
Tax Year 2025
Property Sub-Type Fourplex
Property Description
This legal 4 plex will impress you the moment you arrive. Extensive renovations in 2017 to create 4 efficient apt's. All done by permit and final occupancy granted from the City building dep't. Each unit has separate heat and hydro so tenants pay their own utilities except for water. Gas heat in 3 of the 4 units. Electric in the 4th unit. Paved driveway with 4 parking spots, metal roof and deep lot. Apt #1 - 1br - $1,100 + gas & hydro. Apt #2 - 1br - $895 + gas & hydro. Apt #3 - Bachelor - 925 + gas & hydro. Apt #4 - Bachelor - 917 + hydro. Gross annual rent - $47,244. Expenses - Insurance - 2508, Water - 2020, Taxes - 5382, Snow/Grass - 1600. Total Expenses = 11,510. A nice downtown investment opportunity!!
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Rooms
Family Room No
Kitchen 4
Interior
Cooling None
Exterior
Exterior Feature Patio, Year Round Living
Parking Features Private
Pool None
Roof Type Metal
Building
Foundation Stone, Block
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