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  • * $2,200,000
  • Beds17
  • Baths8
  • SQ. Feet5,008
  • DOW27
$2,200,000

20 Miller Street, Parry Sound in Parry Sound, ON

This is a Multi-family Listing.

Out of Service Area ~the Parry Sound area~

CONTACT THE LIST AGENT FOR PROPERTY INFORMATION

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
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