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374-376 Arthur Street Orillia, Ontario L3V 3M8

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6 Bedroom 2 Bathroom 1082
None Forced Air

$699,999

Incredible Investment Opportunity: This property features a 4+2 bedroom home and an adjacent 50' x 175' vacant lot, both zoned R2. The charming one-and-a-half-story home boasts approximately 1082 Sq. Ft. of living space, highlighted by an open kitchen/living room layout on the main floor, complemented by two bedrooms and a full bathroom. Upstairs, you'll find 2 more bedrooms, and the basement features an in-law suite complete with a kitchenette, a three-piece bathroom, and two additional bedrooms. The main floor is currently rented at $1500 per month, all-inclusive, to a long term tenant. Plus, the finished basement opens up the potential for a duplex conversion, with some fire coding already completed. Both Units were updated in 2014. This listing also includes the adjacent vacant lot, providing endless possibilities. Don't miss out on this remarkable investment opportunity! (id:28392)

Property Details

MLS® Number 40486947
Property Type Multi-family
Amenities Near By Playground, Schools, Shopping
Features Paved Driveway
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Total 6
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1964
Cooling Type None
Exterior Finish Aluminum Siding, Brick Veneer
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1082
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Playground, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 176 Ft
Size Frontage 100 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/26078833/374-376-arthur-street-orillia