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 9.75%. Request Full Sales Package For More Details & Financials. (id:30843)
Property Details
| MLS® Number | 40449250 |
| 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/25794332/21-river-street-parry-sound
Interested?
Contact us for more information
Phil Pantling
Salesperson
9293 Highway 93, Unit 100
Midland, Ontario L4R 4K4
(705) 526-4271
(705) 526-0361
www.rlpgeorgianbay.com
Dino Melchior
Broker
(705) 722-5684
299 Lakeshore Drive, Unit 202
Barrie, Ontario L4N 7Y9
(705) 728-8800
(705) 722-5684
www.rlpfirstcontact.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 19 2023 08:45:48
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Royal LePage In Touch Realty, Brokerage (Hwy 93), Royal LePage First Contact Realty Brokerage