21 River Street Parry Sound, Ontario P2A 2T7
$1,474,900
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)
Property Details
| MLS® Number | 40495341 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Schools, Shopping |
| Equipment Type | Other |
| Features | Laundry- Coin Operated |
| Parking Space Total | 10 |
| Rental Equipment Type | Other |
Building
| Bathroom Total | 7 |
| Bedrooms Total | 24 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Unknown |
| Foundation Type | Stone |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 4582 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 164 Ft |
| Size Frontage | 66 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/26134829/21-river-street-parry-sound
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October 04 2023 05:02:53
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
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