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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