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$499,900

61 Dunedin Street

MLS® Number: 40033839

Beds: 0

Baths: 0

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Summary

  • Baths0
  • Beds0
  • Year Built
  • Storeys2.5000
  • Listing TypeOther
  • Property Style
  • Lot Size{lotsizearea}/
  • Water FrontNo

Location

  • Address61 Dunedin Street
  • CityOrillia
  • Postal CodeL3V5T4

Heating & Cooling

  • HeatingBaseboard Heaters ()
  • Fireplace/

Listing courtesy of  Sutton Group Incentive Realty Inc. Brokerage

Description

Three unit building near hospital. Fantastic Cash Flow. Some recent updates completed including adding a second level bedroom to the upper unit. (Huge upside to rent for future tenants). Two 2-bedroom units and one 3- bedroom two-level unit. Fully tenanted with great paying tenants. Zero vacancies, sought after rental area. Total rents: $3500/monthly. NOI = $31,880 annually with just the mortgage to pay after that. Future owner could convert to natural gas heat and greatly increase cash flow. GEOWAREHOUSE describes buidling as: Residential property with three self-contained units although property is not being sold as a legal tri-plex. To decrease inconvenience to tenants showings are available Mon and Thurs 4-7 and Sat 12-4. Building beside (57 Dunedin) will be for sale soon too and it also has 3 units. (id:30499)


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Charlene Matheson

Real Estate Salesperson

In The Zone Real Estate - Sutton Group Incentive Realty Inc. Brokerage