20 Miller Street Parry Sound, Ontario P2A 1S8
MLS# 40559885 - Buy this house, and I'll buy Yours*

$2,200,000

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:51158)

Property Details

MLS® Number	40559885
Property Type	Multi-family
Features	Shared Driveway, Laundry- Coin Operated
Parking Space Total	9
Structure	Shed

About 20 Miller Street, Parry Sound, Ontario

This For sale Property is located at 20 Miller Street Multi-family, in the City of Parry Sound Multi-family has a total of 17 bedroom(s), and a total of 8 bath(s) . 20 Miller Street has Baseboard heaters heating and None. This house features a Fireplace.

The Basement is Finished.

This Parry Sound's exterior is finished with Brick

The Current price for the property located at 20 Miller Street, Parry Sound is $2,200,000 and was listed on MLS on :2024-04-25 14:30:38

Building

Bathroom Total	8
Bedrooms Total	17
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
Size Interior	5008
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
Size Depth	131 Ft
Size Frontage	97 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	C1

https://www.realtor.ca/real-estate/26785791/20-miller-street-parry-sound