53 ELGIN Street, Orillia, Ontario
$719,900
- 4 Beds
- 3 Baths
- 2,005 Square Feet
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. (id:56241)
- Listing ID: 40651043
- Property Type: Multi-family
- Year Built: 1915
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Listing provided by Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 53 ELGIN Street in Orillia Ontario. It was last modified on September 27th, 2024. Contact Jessica Ryerse to schedule a viewing or to discover other Orillia real estate for sale.