Active

20 MILLER Street

Parry Sound Ontario, P2A1S8

$2,200,000


$439.30 per sqft

Active

17 Beds

8 Baths

5,008 sqft

Residential

 Courtesy of Maven Commercial Real Estate Brokerage 

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:41202)

40559885

MLS ID

April 22, 2024

Listed

May 9, 2024

Updated

Map

20 MILLER Street
Parry Sound Ontario, P2A1S8

Interior Features

Total Stories

2


Bedrooms

17


Total Bathrooms

8


Fireplace

No


Cooling

Yes


Cooling Description

None


Heating

Yes


Heating Description

Baseboard heaters,, , Natural gas

Exterior/Building Features

Sewer

Municipal sewage system

Other Property Details

Garage

No


Parking Total

9


View

No


Pool

No

Courtesy of Maven Commercial Real Estate Brokerage, Stephanie Maye,
Listing Contact: (705) 728-9000 

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