371 EAST ST Orillia, ON$1,250,000

This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800.00 Gross Annually For The Owner. The Annual Expenses Are Roughly $16,000.00. The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. There Is Minor Water Damage In One Of The Units. Sold As Is Where Is.**** EXTRAS **** Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses. (id:32937)