103 ALBERT STREET S, Orillia, Ontario
$589,900
- 2 Beds
- 4 Baths
This legal 4 plex will impress you the moment you arrive. Extensive renovations in 2017 to create 4 efficient apt's. All done by permit and final occupancy granted from the City building dep't. Each unit has separate heat and hydro so tenants pay their own utilities except for water. Gas heat in 3 of the 4 units. Electric in the 4th unit. Paved driveway with 4 parking spots, metal roof and deep lot. Apt #1 - 1br - $1,100 + gas & hydro. Apt #2 - 1br - $895 + gas & hydro. Apt #3 - Bachelor - 925 + gas & hydro. Apt #4 - Bachelor - 917 + hydro. Gross annual rent - $47,244. Expenses - Insurance - 2508, Water - 2020, Taxes - 5382, Snow/Grass - 1600. Total Expenses = 11,510. A nice downtown investment opportunity!! (id:56241)
- Listing ID: S12350207
- Property Type: Multi-family
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Listing provided by Century 21 B.J. Roth Realty Ltd.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 103 ALBERT STREET S in Orillia Ontario. It was last modified on August 18th, 2025. Contact Geoff Allen to schedule a viewing or to discover other Orillia real estate for sale.