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21 River Street Parry Sound, Ontario P2A 2T7

None Baseboard Heaters

$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:46274)

Property Details

MLS® Number 40392201
Property Type Other
Amenities Near By Hospital, Schools, Shopping
Equipment Type Other
Features Laundry- Coin Operated
Rental Equipment Type Other

Building

Basement Development Finished
Basement Type Full (finished)
Cooling Type None
Exterior Finish Vinyl Siding
Heating Type Baseboard Heaters
Stories Total 3
Size Exterior 6047.0000
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 164 Ft
Size Frontage 66 Ft
Zoning Description R2

https://www.realtor.ca/real-estate/25397968/21-river-street-parry-sound

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