$2,200,000
FOR SALE

Multiplex

Bedrooms: 17Bathrooms: 8Lot: 97 x 131 ft

20 Miller Street
Parry Sound, ON P2A 1S8

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:47421)
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Listed By Maven Commercial Real Estate Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40559885
Last Updated Jun 13, 2024
Property Summary
Property Type Multiplex

More like this:
Subdivision Parry Sound
Price History

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Detailed Information
Bedrooms 17
Bathrooms 8
Lot 97 x 131 ft
Features Shared Driveway, Laundry- Coin operated
Listing Contract Date 2024-04-22
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.
Ownership Type Freehold
# of Parking Spaces 9
Property Type Multi-family
Structures Shed
Transaction Type For sale
Zoning Description C1
Building
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
Utility Water Municipal water
Land
Total Size under 1/2 acre
Sewer Municipal sewage system

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