
Courtesy of: MARK FARIS, Broker, FARIS TEAM REAL ESTATE BROKERAGE
$649,000
|
4 bed
|
|
3.00 Bath
|
|
Multi-family
|
$649,000
116 ALBERT STREET S Top 5 Reasons You Will Love This Home: 1) Affordable investment property generating nearly $50, 000 in annual income, offering an excellent opportunity for investors seeking strong returns 2) Legal triplex with numerous recent improvements including a new roof (2024), new eavestroughs (2025), two major suite modernizations completed in 2022 and 2025, and a new furnace (2026) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1, 943 above grade sq.ft. plus an unfinished basement. (id:203)