H - 50 Third Street, Orangeville, Ontario L9W 3B1

Listed for:
$1,127,500
8 beds
4 baths
Listed 148 days ago
Fourplex for rent: H - 50 Third Street, Orangeville, Ontario L9W 3B1

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Learn more about this property
Listing provided by:
MCCARTHY REALTY
MLS® number:
W12242360
Agent:
Marg Mccarthy
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About

Cross Streets: 4th Ave & Third St. ** Directions: Broadway to 4th Ave. to Third Street. Are you looking for an opportunity to live and rent out, or an investment to rent out all units. 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:27476)

Property Highlights

MLS® Number
W12242360
Type
Multi-family
Community Name
Orangeville
Land Size
92.2 FT ; Irregular|under 1/2 acre
Parking Space Total
6

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
3500 - 5000 sqft
Bathrooms Total
4
Bedrooms Above Ground
8
Bedrooms Total
8
Amenities
Separate Heating Controls Park, Place of Worship, Schools
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
Window air conditioner

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location