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21 River Street Parry Sound, Ontario P2A 2T7

24 Bedroom 7 Bathroom 4582

None Baseboard Heaters

$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 8.42%. Request Full Sales Package For More Details & Financials. (id:47960)

Property Details

MLS® Number	40495341
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

Aerial

https://www.realtor.ca/real-estate/26134829/21-river-street-parry-sound

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Last Updated
October 04 2023 05:02:53

Data Provider
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®

Listing Office
Royal LePage In Touch Realty, Brokerage (Hwy 93)

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