43B CALVERLEY Street , Orillia

6 Bed / 4 Bath / $1,295,000 / MLS® Listing #:40120543

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The FOURPLEX investment property you have been waiting for! NORTHWARD of Orillia. Well cared for property, solid tenants who would like to stay in place. One tenant vacating (1 bed unit) July 31, 2021. Large in town lot 87 ft x 214 ft. Property has a brick and vinyl exterior for low maintenance. Separate entrances. Good curb appeal and well kept yard. Two separate driveways, one is double wide for ease of tenant parking. Newer shed in back with steel roof. Rents are $1,200+, $1,200+, $800+, $780+ (this tenant moves in July so you can increase to MARKET rent!). 4 separate hydro meters, 2 separate gas meters, 4 separate water meters (landlord currently pays water, but you can add this utility to the rents upon tenant turnover). OPPORTUNITY - unfinished basements in both 2 bedroom units - add a third bedroom or future potential for an in-law suite. Perfect for a buy and hold investor, or an investor who wants to add equity and cash flow as tenants turnover. Book your appointment today! (id:10452)

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Property Details

Property Type Fourplex
Square Feet 3530.0000
Maintenance N/A
Days On Our Website 62
Basement Unfinished - Full (Unfinished)
Lot Dimensions 0.429 ac|under 1/2 acre
Pool N/A
Area Orillia
Air Conditioning None
Heating Electric, Natural gas - Baseboard heaters, Forced air
Exterior Aluminum siding, Brick
Sewers Municipal sewage system
Water Municipal water


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