Parry Sound
21 RIVER Street (40449250)
$1,474,900
About the Property
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 9.75%. Request Full Sales Package For More Details & Financials. (id:48047)
- Details
- Building
- Dimensions
- Land
Bedrooms
24
Bathrooms
7
Garage
No
Parking Spaces
10
Ownership
Freehold
Sewer
Municipal sewage system
Cooling
None
Heating Type
Baseboard heaters
Frontage Length
66 ft
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