21 RIVER Street Parry Sound

21 RIVER Street, Parry Sound

$1,750,000

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:45568)

Listing ID: 40392201
Property Type: Other

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Details

Amenities Nearby: Hospital, Schools, Shopping
Equipment: Other
Features: Laundry- Coin operated
Ownership: Freehold
Rental Equipment: Other
Transaction: For sale
Zoning Description: R2

Building

BasementType: Full (Finished)
Basement Development: Finished
Cooling: None
Exterior Finish: Vinyl siding
Fireplace Present: False
Heating: Baseboard heaters
Size Exterior: 6047.0000
Stories Total: 3
Utility Water: Municipal water

Land

Amenities: Hospital, Schools, Shopping
Sewer: Municipal sewage system
Size Depth: 164 ft
Size Frontage: 66 ft

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This property for sale located at 21 RIVER Street in Parry Sound was last modified on May 31st 2023. Contact Paul Casey today and schedule a viewing or subscribe to other properties for sale in Parry Sound.

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