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20 Miller Street Parry Sound, Ontario P2A 1S8

17 Bedroom 8 Bathroom 5008 sqft
None Baseboard Heaters

$2,150,000

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. Many of the units are paying market rents and vacancies have shown to be filled quickly. The rents are 16.9% below market value and that means lots of upside potential. Experience immediate returns in this turn-key residential investment. Gross Income - $183,262. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:58043)

Property Details

MLS® Number 40559885
Property Type Multi-family
Features Shared Driveway, Laundry- Coin Operated
ParkingSpaceTotal 9
Structure Shed

Building

BathroomTotal 8
BedroomsTotal 17
BasementDevelopment Finished
BasementType Full (finished)
CoolingType None
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Baseboard Heaters
StoriesTotal 2
SizeInterior 5008 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 131 Ft
SizeFrontage 97 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C1

https://www.realtor.ca/real-estate/26785791/20-miller-street-parry-sound

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Stephanie Maye
Broker of Record


Maven Commercial Real Estate Brokerage
19 Poyntz Street, Suite 100
Barrie, Ontario L4M 3N8

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