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:4069)
Address
31 FREDERICK Street
List Price
$999,900
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Orillia
Bedrooms
2
Bathrooms
2
Floor Area
3,175 Sq. Ft.
MLS® Number
40658621
Listing Brokerage
REVEL Realty Inc. Brokerage
Basement Area
Partial (Partially finished)
Postal Code
L3V5W5
Zoning
HC2
Site Influences
Hospital, Public Transit, Schools
Features
Paved driveway, Sump Pump
