Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
Multi-family For Sale 20 Miller Street, Parry Sound, Ontario
19

Multi-family For Sale Active $2,200,000 20 MILLER Street, parry sound, Ontario

MLS#: 40559885

Maven Commercial Real Estate Brokerage
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Summary
Status
Active

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Address
20 MILLER Street, parry sound, Ontario
Size
5008.0000
Listing Type
For sale
Property Type
Multi-family
Commercial Type
n/a

Photos

19

Description

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:15472)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City parry sound
Province Ontario
PostalCode P2A1S8
Country Canada
Location Description From ON 400 - Take exit 220 toward Hunter Dr, Turn right onto Hunter Dr, Turn right onto Oastler Park Dr/ON 7241, Turn left onto Bowes St, Continue onto Seguin St, Turn right onto Miller St, Destination will be on the left.
Subdivision Parry Sound
Street Address 20 MILLER Street
Property TypeMulti-family
Transaction TypeFor sale
Ownership TypeFreehold
MLS #40559885
Size Frontage97 ft
AcreageNo
SewerMunicipal sewage system
Size Depth131 ft
FeaturesShared Driveway, Laundry- Coin operated
Zoning DescriptionC1
Property TypeMulti-family
Stories Total 2
Size Interior 5008.0000
Utility Water Municipal water
Parking Space Total 9
Bathroom Total 8
Bedrooms Total 17
Basement Development Finished
Basement Type Full (Finished)
Cooling Type None
Exterior Finish Brick
Fireplace Present False
Foundation Type Block
Heating Fuel Natural gas
Heating Type Baseboard heaters
Structure Shed
Price 2200000.00
Listing Contract Date 2024-04-22
Lease 0.00
%

Specialists

Anna C. Lu

BComm (Finance Economics), MBA

Olga Tarasenko

B.Ling (BACHELOR OF LINGUISTICS), DIBM

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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