714-722 Line 11 Line N (276296)

Oro-Medonte

$1,000,000

Great Investment opportunity. This property is ideally located between Barrie and Orillia and adjacent to East Oro Public School. Fully tenanted with leases in place, the property consists of 6 individual units over 3 separate buildings ---> 722 is a triplex, 718 is a duplex with garage and 714 is a mobile trailer. The duplex was completely rebuilt in 2017. The current owners have taken care of all major capital improvements since taking over the property several years ago and it is now in a fully cash positive position for a new owner to take over, with few expected capital expenditures. The property is being offered at a 5% cap rate and is not one to be missed. There is also a large garage on the property currently used by the owners for storage that could provide an additional source of income. Contact the Listing Sales Representatives for financial details, including a list of all capital improvements made. (id:32694)

Key Features
  • Multi-family
  • 6 Bedrooms

Details

Property Utilities
Address: 714-722 Line 11 Line N Cooling: No
Oro-Medonte, Ontario Heating: Baseboard heaters
MLS® Number: 276296 Heat Type: N/A
Garage: Yes Sewer: Septic System
Rooms
Listing Office: SOTHEBY'S INTERNATIONAL REALTY CANADA, BROKERAGE, PORT CARLING - M260   |   Data provided by: Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®   |   Last Modified: 10/10/2020 01:36:58 AM   |   POWERED BY SOLDPRESS

Contact

BRACEBRIDGE

Toll Free (855) 646-5592
Phone (705) 646-5592

GRAVENHURST

Toll Free (855) 687-5656
Phone (705) 687-5656

HUNTSVILLE

Toll Free (855) 646-5592
Phone (705) 704-9446

TORONTO

Toll Free (855) 646-5592
Phone (416) 232-1661

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