Property Description for 81 & 85 PETER STREET
Going-in cap rate of 6.9% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b &5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Clean ESA Phase 1 (2025). Located downtown Orillia and 3-minute drive from Hwy 11 and Costco. (id:38686)
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Property Details
Property Tax
: $14,588MLS® #
: S12328442
Home Features
Property Type
: MultiFamilySquare Footage
: 6,000 SQFT
Interior Features
Heating
: Hot water radiator heat
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