31 Frederick Street Orillia, Ontario L3V 5W5
$999,900
This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy. (id:31454)
Property Details
| MLS® Number | 40658621 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Paved Driveway, Sump Pump |
| Parking Space Total | 10 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 2 |
| Appliances | Microwave, Microwave Built-in, Window Coverings |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Size Interior | 3175 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 60 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Hc2 |
https://www.realtor.ca/real-estate/27509009/31-frederick-street-orillia
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October 05 2024 06:41:15
Barrie & District Association of REALTORS® Inc.
Revel Realty Inc. Brokerage