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81 & 85 Peter Street Orillia, Ontario L3V 5B3

6000 sqft
Partially Air Conditioned Hot Water Radiator Heat

$1,500,000

Going-in cap rate of 6.4% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b & 5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Located downtown Orillia and 3-minute drive from Hwy 11 and Costco. (id:41954)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number S12286177
Property Type Multi-family
Community Name Orillia

Building

Cooling Type Partially Air Conditioned
Heating Type Hot Water Radiator Heat
Size Interior 6000 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 64 Ft
Size Frontage 95 Ft
Size Irregular 95 X 64 Ft
Size Total Text 95 X 64 Ft
Zoning Description Multi Residential

https://www.realtor.ca/real-estate/28608089/81-85-peter-street-orillia-orillia

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