31 Frederick Street Orillia, Ontario L3V 5W5
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$1,065,000
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:58072)
Property Details
| MLS® Number | 40548627 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Public Transit, Schools |
| EquipmentType | Water Heater |
| Features | Paved Driveway, Sump Pump |
| ParkingSpaceTotal | 10 |
| RentalEquipmentType | Water Heater |
Building
| Appliances | Microwave, Microwave Built-in, Window Coverings |
| BasementDevelopment | Partially Finished |
| BasementType | Partial (partially Finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Stone |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3175 |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 132 Ft |
| SizeFrontage | 60 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Hc2 |
https://www.realtor.ca/real-estate/26576904/31-frederick-street-orillia
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May 06 2024 02:02:07
Barrie & District Association of REALTORS® Inc.
Revel Realty Inc. Brokerage