Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly close to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. All tenants pay their own utilities. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 9 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate.
City: Orillia
Located at 82 Fittons Road , this Orillia house was listed for $2,299,000. It has 15 bedrooms and 8 bathrooms. The property includes the following rooms: . This property comes with 10 parking spots.
MLS#: undefined · $2,299,000 · 15 bedroom house in Orillia