53 ELGIN Street Orillia

53 ELGIN Street, Orillia

$730,000

  • 4
  • 3
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:45839)
  • Listing ID: 40651043
  • Property Type: Multi-family
  • Year Built: 1915
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Details

  • Amenities Nearby: Public Transit, Shopping
  • Features: Crushed stone driveway, Laundry- Coin operated, Sump Pump
  • Ownership: Freehold
  • Parking Spaces: 3
  • Structure: Shed, Porch
  • Transaction: For sale
  • Zoning Description: R3

Building

  • BasementType: Partial (Partially finished)
  • Basement Development: Partially finished
  • Constructed Date: 1915
  • Cooling: None
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Security system
  • Foundation: Block
  • Bathrooms (Total): 3
  • Heating: Baseboard heaters, Forced air
  • Heating Fuel: Electric, Natural gas
  • Size Interior: 2005 sqft
  • Stories Total: 2.5
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Access Type: Road access
  • Amenities: Public Transit, Shopping
  • Sewer: Municipal sewage system
  • Size Depth: 100 ft
  • Size Frontage: 42 ft

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Listing provided by Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia
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    This property for sale is located at 53 ELGIN Street in Orillia. It was last modified on September 27th, 2024. Contact Christine Smith to schedule a viewing or to discover other Orillia properties for sale.

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