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Listing ID: 40495341  
$1,474,900

21 RIVER Street

Royal LePage In Touch Realty, Brokerage (Hwy 93)

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21 RIVER Street, Parry Sound, Ontario, P2A2T7
Bathrooms7 Bedrooms24
Property TypeMulti-family Building Area4582

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:16261)


Details
Amenities NearbyHospital, Schools, Shopping EquipmentOther
FeaturesLaundry- Coin operated OwnershipFreehold
Parking Spaces10 Rental EquipmentOther
TransactionFor sale Zoning DescriptionR2
Building
Basement DevelopmentFinished BasementFull (Finished)
CoolingNone Exterior FinishVinyl siding
Fire ProtectionUnknown FoundationStone
Bathrooms (Total)7 HeatingBaseboard heaters
Size Interior4582.0000 Storeys Total3
Utility WaterMunicipal water
Land
Size Frontage66 ft AmenitiesHospital, Schools, Shopping
SewerMunicipal sewage system Size Depth164 ft

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

Data Provided by The Lakelands Association of REALTORS®

Last Modified :04/10/2023 12:02:53 PM

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

Data Provided by The Lakelands Association of REALTORS®

Last Modified :04/10/2023 12:02:53 PM

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