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21 RIVER Street, Parry Sound

Property Overview - For sale

Price$ 1 750 000On the Market78 days
MLS® #40392216Type
Bedrooms24 BedBathrooms7 Bath
Postal CodeP2A2T7
StreetRIVERTown/Area
Property Sizeunder 1/2 acreBuilding Size4582 ft2

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:20829)

Land Details

Size Totalunder 1/2 acre
Size Frontage66
Size Depth164 ft
Ownership TypeFreehold
SewerMunicipal sewage system
Zoning DescriptionR2

Building Details

Stories3
Property TypeMulti-family
Bathrooms Total7
Bedrooms Total24
Cooling TypeNone
Exterior FinishVinyl siding
Foundation TypeStone
Heating TypeBaseboard heaters
Size Interior4582 ft2
Utility WaterMunicipal water



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REALTOR's & Staff

Oliver Reprich REALTOR and broker of record for Bracebridge Realty brokerage in the heart of Muskoka

Oliver Reprich

broker of record
705-641-9524
Oliver@BracebridgeRealty.ca
Marion Wentzel-Reprich REALTOR with Bracebridge Realty in Muskoka

Marion Wentzel-Reprich

Broker
705-641-8227
Marion@BracebridgeRealty.ca

Bracebridge Realty

Oliver Reprich is the broker of record of Bracebridge Realty brokerage, based in Bracebridge which is the Heart of Muskoka.

Our area of expertise are waterfront properties and cottages in Muskoka, Parry Sound and Haliburton

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