21 RIVER Street Parry Sound

21 RIVER Street, Parry Sound

$1,750,000

  • 24
  • 7
4,582 Square Feet
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:46993)
  • Listing ID: 40392216
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Hospital, Schools, Shopping
  • Equipment: Other
  • Features: Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 10
  • 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
  • Fire Protection: Unknown
  • Foundation: Stone
  • Bathrooms (Total): 7
  • Heating: Baseboard heaters
  • Size Interior: 4582.0000
  • 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 located at 21 RIVER Street was last modified on March 24th 2023.

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