60 Church Street, Parry Sound in Parry Sound, ON
This is a Multi-family Listing with Detached Garage parking.
60 Church Street, Parry Sound in Parry Sound
Explore the multifaceted investment opportunity at 60 Church Street in the heart of Parry Sound, where potential meets profitability. This unique property offers a mix of 9 diverse residential units, comprising four two-bedroom apartments, four one-bedroom apartments, and a spacious three-bedroom apartment. Adding to its appeal is a versatile shop/garage space with three bays and double depth for additional rental income or operational use. Nestled on a substantial lot, 60 Church Street presents an exceptional chance for expansion, allowing investors to envision and execute additional development. Seize the opportunity to capitalize on immediate cash flow while strategically planning future growth in a location poised for appreciation. The rents are 27% below market value and that means great upside potential. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:6289)
$2,200,000
60 Church Street, Parry Sound, Ontario
Essential Information
- MLS® #40563973
- Price$2,200,000
- Price per Sqft289
- Bedrooms12
- Bathrooms10.00
- Square Footage7,623
- Acres0.00
- TypeMulti-family
- Sub-TypeFreehold
- Days on Website23
Amenities
- FeaturesShared Driveway, Laundry- Coin operated
- Parking Spaces17
- ParkingDetached Garage
- # of Garages1
Exterior
- ExteriorBrick
- FoundationBlock
Community Information
- Address60 Church Street
- SubdivisionParry Sound
- CityParry Sound
- Postal CodeP2A1Y7
Interior
- HeatingElectric Baseboard heaters
- CoolingNone
- Has BasementYes
- # of Stories2
Listing Details
- Listing OfficeMaven Commercial Real Estate Brokerage