31 FREDERICK Street Orillia

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
MLS®

Listing provided by REVEL Realty Inc. Brokerage
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REALTOR®

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 Mark Egan to schedule a viewing or to discover other Orillia real estate for sale.

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