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20 Miller Street Parry Sound, Ontario P2A 1S8

17 Bedroom 8 Bathroom 5008 sqft
None Baseboard Heaters

$2,200,000

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 23.7% below market value and that means lots of upside potential. Experience immediate returns in this turn-key residential investment. Gross Income - $170,307. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:51004)

Property Details

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

Building

Bathroom Total 8
Bedrooms Total 17
Basement Development Finished
Basement Type Full (finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 5008 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 131 Ft
Size Frontage 97 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1

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


Stephanie Maye
Broker of Record

(705) 728-9000
(705) 728-0014
www.mavencommercial.ca
Maven Commercial Real Estate Brokerage
19 Poyntz Street, Suite 100
Barrie, Ontario L4M 3N8

(705) 728-9000
(705) 728-0014
www.mavencommercial.ca

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