21 River Street Parry Sound, Ontario P2A 2T7
24 Bedroom
7 Bathroom
4582
None
Baseboard Heaters
$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:40589)
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
Interested?
Contact us for more information
Phil Pantling
Salesperson
Royal LePage In Touch Realty, Brokerage (Hwy 93)
9293 Highway 93, Unit 100
Midland, Ontario L4R 4K4
9293 Highway 93, Unit 100
Midland, Ontario L4R 4K4
(705) 526-4271
(705) 526-0361
www.rlpgeorgianbay.com
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October 04 2023 05:02:53
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Royal LePage In Touch Realty, Brokerage (Hwy 93)