20 Miller Street Parry Sound, Ontario P2A 1S8
$2,200,000
Experience ease of management with ample basement space designated for storage or a superintendent's workshop, complemented by an external shed for snow or landscaping tools. The property has undergone a series of recent upgrades: a new roof, modernized kitchens in most units, vinyl plank flooring, and an upgrade to ABS plumbing. Operating at a 6.11% cap rate, many of the units are paying market rents and vacancies have shown to be filled quickly. The rents are 23.7% below market value and that means lots of upside potential. Experience immediate returns in this turn-key residential investment. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:26218)
Property Details
| MLS® Number | 40559885 |
| Property Type | Multi-family |
| Features | Shared Driveway, Laundry- Coin Operated |
| Parking Space Total | 9 |
| Structure | Shed |
Building
| Bathroom Total | 8 |
| Bedrooms Total | 17 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 5008 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 131 Ft |
| Size Frontage | 97 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/26785791/20-miller-street-parry-sound
Interested?
Contact us for more information
Stephanie Maye
Broker of Record
(705) 728-0014
www.mavencommercial.ca
19 Poyntz Street, Suite 100
Barrie, Ontario L4M 3N8
(705) 728-9000
(705) 728-0014
www.mavencommercial.ca
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April 25 2024 02:30:38
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