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For Sale
$649,000
MLS® S13657948
116 ALBERT STREET S
Orillia, Ontario, L3V5L2
- Beds / Baths
- 4 bed · 3 bath
- Property type
- Multi-family
- Building
- Multi-family
- Lot size
- 69.7 x 88.6 FT
- Parking
- 3
Property facts
- Beds / Baths
- 4 bed · 3 bath
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Lot size
- 69.7 x 88.6 FT
- Parking
- 3
About this property
Top 5 Reasons You Will Love This Home: 1) Affordable investment property generating nearly $50,000 in annual income, offering an excellent opportunity for investors seeking strong returns 2) Legal triplex with numerous recent improvements including a new roof (2024), new eavestroughs (2025), two major suite modernizations completed in 2022 and 2025, and a new furnace (2026) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. (id:53361)