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273 MOFFAT Street (40075558)

273 MOFFAT Street, Orillia, Ontario, L3V4E9
Bathrooms3 Bedrooms5
Property TypeMulti-family Built in1945
Building Area1544

INVESTORS! Legal Triplex. 5.6% Cap Rate. Upside on rents when tenants turnover. Opportunity for additional income with the Workshop out back. Well cared for and shows pride of ownership. Central location, steps to the lake and the trail system, close to the highway and downtown. Large in-town lot 50 ft. x 200 ft. Parking for 4 cars in the triple wide driveway provides plenty of parking for the tenants. Each unit has its own private deck. Main floor 2 bedroom with laundry rents for $1,700 inc., lower spacious and bright 1 bedroom unit with a gas fireplace and laundry rents for $1,400, and upper 2 bedroom cozier unit rents for $1,300 inc. Gross annual rents $52,800. Annual taxes $3,619 (2020). Monthly expenses approximately: Enbridge Gas $94 & Orillia Power $106. A creative investor will find a way to generate additional income here and maximize potential. A solid addition to your rental portfolio dont miss out on this hard to find triplex! (id:37775)


Details
Amenities NearbyPlace of Worship, Shopping EquipmentWater Heater
FeaturesDouble width or more driveway OwnershipFreehold
Parking Spaces4 Rental EquipmentWater Heater
TransactionFor sale Zoning DescriptionR3
Building
Basement DevelopmentFinished BasementFull (Finished)
Constructed Date1945 CoolingNone
Exterior FinishVinyl siding Fireplace PresentYes
Fireplace Total1 Fire ProtectionSmoke Detectors
FoundationBlock Bathrooms (Total)3
Heating FuelNatural gas HeatingForced air
Size Interior1544.0000 Storeys Total1.5000
TypeTriplex Utility WaterMunicipal water
Land
Size Frontage50 ft Access TypeHighway access
AmenitiesPlace of Worship, Shopping Landscape FeaturesLawn sprinkler
SewerMunicipal sewage system Size Depth200 ft

Listing Office: CENTURY 21 B.J. ROTH REALTY LTD., BROKERAGE, ORILLIA - M298

Data Provided by Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®

Last Modified :25/03/2021 04:51:30 PM

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Catharine & Steve Inniss
Buying or selling a Muskoka cottage requires professionals with deep knowledge of the Muskoka market coupled with an innate desire to create and enable the deal

Catharine Inniss  
Phone: 705.801.2304
Email: cath@cottageinmuskoka.ca

Steve Inniss
Phone: 416.203.8887
Email: steve@cottageinmuskoka.ca

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