Nadine McMaster

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31 FREDERICK Street, Orillia, Ontario

$999,900

2 Beds
2 Baths
3,175 Square Feet

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:56241)

Listing ID: 40658621
Property Type: Multi-family

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Details

Amenities Nearby: Hospital, Public Transit, Schools
Equipment: Water Heater
Features: Paved driveway, Sump Pump
Ownership: Freehold
Parking Spaces: 10
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: HC2

Building

Appliances: Microwave, Microwave Built-in, Window Coverings
BasementType: Partial (Partially finished)
Basement Development: Partially finished
Cooling: Central air conditioning
Exterior Finish: Vinyl siding
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 2
Heating: Baseboard heaters, Forced air
Heating Fuel: Electric, Natural gas
Size Interior: 3175 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water

Land

Access Type: Road access
Amenities: Hospital, Public Transit, Schools
Sewer: Municipal sewage system
Size Frontage: 60 ft

Listing provided by REVEL Realty Inc. Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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 31 FREDERICK Street in Orillia Ontario. It was last modified on October 5th, 2024. Contact Nadine McMaster to schedule a viewing or to discover other Orillia real estate for sale.

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