Property Details
21 RIVER Street, Parry Sound, Ontario, P2A2T7
Broker
Sutton Group Incentive Realty Inc., Brokerage - Collingwood
Cell: 416-895-4219
$1,750,000 - For sale
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:2471)
Location DescriptionTakes Bowes St. From HWY 400. Turn Right On River St. To #21 (On Righthand Side)
- Property Address:21 RIVER Street, Parry Sound, Ontario, P2A2T7
- Property Type:Multi-family
- Title:Freehold
- Acreage:under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Parking Space Total:10
- Bedrooms:24
- Bathrooms:7
- Floor Space:4582
- Heating Type:Baseboard heaters
- Storeys:3
- Basement Type:Full (Finished)
- Foundation Type:Stone
- Cooling Type:None
- Rental Equipment:Other
- Exterior Type:Vinyl siding
- Amenities Nearby:Hospital, Schools, Shopping
Broker
Sutton Group Incentive Realty Inc., Brokerage - Collingwood
Cell: 416-895-4219
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- Map 21 RIVER Street, Parry Sound, Ontario, P2A2T7
- Neighbourhood Information
21 RIVER Street, Parry Sound, Ontario, P2A2T7
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