Cash Cow Opportunity! Well Maintained & Recently Renovated 23 Unit Rooming House Located In The Heart Of Beautiful Parry Sound. Lots Of Upside Potential To Increase Rents To Market Rates & Add Additional Units. On-Site Coin Operated Laundry Facility. Great Location With Large Lot And Lots Of On-Site Parking. 20/23 Units Currently Vacant So Rents Can Be Set At Market Rates. Projected Year 1 Cap Rate Of 8.42%. Request Full Sales Package For More Details & Financials. (id:9952)
MLS® Number | 40392201 |
Property Type | Other |
Amenities Near By | Hospital, Schools, Shopping |
Equipment Type | Other |
Features | Laundry- Coin Operated |
Rental Equipment Type | Other |
Basement Development | Finished |
Basement Type | Full (finished) |
Cooling Type | None |
Exterior Finish | Vinyl Siding |
Heating Type | Baseboard Heaters |
Stories Total | 3 |
Size Exterior | 6047.0000 |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Hospital, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 164 Ft |
Size Frontage | 66 Ft |
Zoning Description | R2 |
https://www.realtor.ca/real-estate/25397968/21-river-street-parry-sound
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