252 SHANNON Street , Orillia

$449,000 / MLS® #:30776531

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INVESTMENT OPPORTUNITY WITH THIS PURPOSE BUILT BRICK DUPLEX WITH EACH UNIT CONTAINING 2 BEDROOMS, LARGE OPEN LIVING SPACE, KITCHEN, 4 PIECE BATHROOM AND LAUNDRY ROOM WITH THEIR OWN WASHER AND DRYER ** THE UPPER UNIT "A" IS CURRENTLY LEASED UNTIL SEPTEMBER, 2020 AND THE LOWER UNIT "B" IS VACANT AND READY TO LEASE ON YOUR OWN TERMS OR PERHAPS OWNER OCCUPY LETTING THE INCOME HELP OUT WITH YOUR MORTGAGE ** THE INCOME FIGURES OUTLINED ARE BASED ON THE CURRENT RENTAL AND A POTENTIAL INCOME OF $1400 PER MONTH PLUS UTILITIES IN THE VACANT UNIT ** NATURAL GAS WALL HEATERS IN EACH UNIT WITH BASEBOARD BACKUP ** SHINGLES WERE REPLACED IN 2015 ** SELLER MAY CONSIDER VENDOR TAKE BACK FINANCING TO A QUALIFIED BUYER ** CONVENIENTLY LOCATED IN ORILLIA'S SOUTH END ON CITY TRANSIT ROUTE AND WALKING DISTANCE TO SCHOOLS ** LARGE PRIVATE BACKYARD WITH STORAGE SHED FOR ADDITIONAL SPACE (id:10452)

Property Details

Property Type Duplex
Architectural Style Multi-Unit
Square Feet
Maintenance N/A
Days On Our Website 10
Basement Finished - Full (Finished)
Kitchens
Lot Dimensions under 1/2 acre
Pool N/A
Area Orillia
Air Conditioning None
Heating Natural gas - Baseboard heaters, Forced air
Exterior Brick
Parking Spaces 4
Parking Type Gravel,No Garage
Sewers Municipal sewage system
Water Municipal water

Listing Office: Century 21 B.J. Roth Realty Ltd. Brokerage



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