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20 Miller Street, Parry Sound in Parry Sound, ON
This is a Multi-family Listing.
20 Miller Street, Parry Sound in Parry Sound
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:6289)
$2,200,000
20 Miller Street, Parry Sound, Ontario
Essential Information
- MLS® #40559885
- Price$2,200,000
- Price per Sqft439
- Bedrooms17
- Bathrooms8.00
- Square Footage5,008
- Acres0.00
- TypeMulti-family
- Sub-TypeFreehold
- Days on Website27
Amenities
- FeaturesShared Driveway, Laundry- Coin operated
- Parking Spaces9
Exterior
- ExteriorBrick
- FoundationBlock
Community Information
- Address20 Miller Street
- SubdivisionParry Sound
- CityParry Sound
- Postal CodeP2A1S8
Interior
- HeatingNatural gas Baseboard heaters
- CoolingNone
- Has BasementYes
- # of Stories2
Listing Details
- Listing OfficeMaven Commercial Real Estate Brokerage