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31 Frederick Street Orillia, Ontario L3V 5W5

3175 sqft
Central Air Conditioning Baseboard Heaters, Forced Air

$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:51004)

Property Details

MLS® Number 40548627
Property Type Multi-family
Amenities Near By Hospital, Public Transit, Schools
Equipment Type Water Heater
Features Paved Driveway, Sump Pump
Parking Space Total 10
Rental Equipment Type Water Heater

Building

Appliances Microwave, Microwave Built-in, Window Coverings
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 3175 Sqft
Type Triplex
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 60 Ft
Size Total Text Under 1/2 Acre
Zoning Description Hc2

https://www.realtor.ca/real-estate/26576904/31-frederick-street-orillia


REVEL Realty Inc. Brokerage
27 Victoria Street
Barrie, Ontario L4N 2H5

(705) 503-6558
www.revelrealty.ca/

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