H - 50 Third Street Orangeville, Ontario L9W 3B1

$1,275,000

This fourplex apartment building, featuring four units, each Apartment has approx 1000 sq ft plus parking lots for 6 cars, 2 bedrooms and 1-4pc bathroom, available with Vendor Take-Back (VTB) financing on approved credit at reasonable rates offers an ideal investment opportunity. Each unit, equipped with its own hot water supply, tenants pays for its own hydro. The building features two upper-level apartments with balconies and two lower-level walk-out apartments. Conveniently located next to Zehrs Shopping Centre and close to downtown, it also offers easy access to a nearby park, making it an attractive option for tenants. Currently fully tenanted with Good long term Tenants, Parking out front, close to Downtown, parks, Shopping Centre, Quiet and comfortable living **EXTRAS** Total Revenue : Unit 1 $1,025 per month, Unit 2 $925 per month, Unit 3 $1,530 per month, Unit 4 $1,025 per month total $4,505.00/month x 12 $54,060.00/year, Each of the fourplex are owners as a 1/8th owner of the common areas property PIN 34021-0003. Share expenses for the snow removal, lawn cutting, garbage removal approx $600 per month to executive committee manager. (id:61253)

Property Details

MLS® Number	W11908597
Property Type	Multi-family
Community Name	Orangeville
Amenities Near By	Park, Place Of Worship, Schools
Community Features	Community Centre
Features	Level Lot, Irregular Lot Size, Flat Site
Parking Space Total	6

Building

Bathroom Total	4
Bedrooms Above Ground	8
Bedrooms Total	8
Age	31 To 50 Years
Amenities	Separate Heating Controls
Appliances	Dryer, Stove, Washer, Refrigerator
Cooling Type	Window Air Conditioner
Exterior Finish	Brick, Vinyl Siding
Foundation Type	Poured Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	2
Size Interior	3,500 - 5,000 Ft2
Type	Fourplex
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Park, Place Of Worship, Schools
Sewer	Sanitary Sewer
Size Frontage	92 Ft ,2 In
Size Irregular	92.2 Ft ; Irregular
Size Total Text	92.2 Ft ; Irregular|under 1/2 Acre
Zoning Description	Rm1

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/27769107/h-50-third-street-orangeville-orangeville