21 RIVER Street (40495341)

$1,474,900
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 8.42%. Request Full Sales Package For More Details & Financials. (id:35324)

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    Details

    Property
    21 RIVER Street
    City: Parry Sound, Ontario, Canada
    Bedrooms: 24
    Bathrooms: 7
    Size: 4582
    Utilities
    Central Air: Yes
    Heat Source: N/A
    Heat Type: Baseboard heaters
    Sewer: Municipal sewage system
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