H - 50 Third Street Orangeville, Ontario L9W 3B1

$1,127,500

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:60365)

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https://www.realtor.ca/real-estate/28514444/h-50-third-street-orangeville-orangeville