21 river street, parry sound

21 river street

parry sound

$1,474,900 - 24   7

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:38782)

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Listing ID: 40528001

Details

  • Amenities NearbyHospital, Schools, Shopping
  • EquipmentOther
  • FeaturesLaundry- Coin operated
  • OwnershipFreehold
  • Parking Spaces10
  • Rental EquipmentOther
  • TransactionFor sale
  • Zoning DescriptionR2

Building

  • Cooling TypeNone
  • CoolingYes
  • HeatingBaseboard heaters
  • Levels3
  • Number Of Units Total23
  • PoolNo
  • SewerMunicipal sewage system
  • Stories3

Land

  • Size Frontage66 ft
  • AmenitiesHospital, Schools, Shopping
  • SewerMunicipal sewage system
  • Size Depth164 ft