$2,200,000
60 CHURCH Street Parry Sound, ON P2A1Y7
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$2,200,000
Est. payment /mo
12 Beds
10 Baths
7,623 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,623 sqft
Price per Sqft $288
Subdivision Parry Sound
MLS® Listing ID 40563973
Bedrooms 12
Originating Board Barrie & District Association of REALTORS® Inc.
Property Description
Explore the multifaceted investment opportunity at 60 Church Street in the heart of Parry Sound, where potential meets profitability. This unique property offers a mix of 9 diverse residential units, comprising four two-bedroom apartments, four one-bedroom apartments, and a spacious three-bedroom apartment. Adding to its appeal is a versatile shop/garage space with three bays and double depth for additional rental income or operational use. Nestled on a substantial lot, 60 Church Street presents an exceptional chance for expansion, allowing investors to envision and execute additional development. Seize the opportunity to capitalize on immediate cash flow while strategically planning future growth in a location poised for appreciation. The rents are 27% below market value and that means great upside potential. Gross Income - $161,163. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters,
Cooling None
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 17
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Maven Commercial Real Estate Brokerage
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