For Sale $1,750,000 21 River Street, Parry Sound, ON P2A 2T7 0 Beds Remarks 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. Property Summary Lot Frontage: 66.00 Feet Lot Depth: 164 Feet Bedrooms: 0 Zoning: R2
Property Features: Basement: Full , Finished Construction Materials: Vinyl Siding Cooling: None Heating: Baseboard Laundry Features: Coin Operated , Common Area Lot Features: Hospital , Schools , Shopping Nearby , Trails Sewer: Sewer (Municipal) Waterfront Features: River/Stream Water Source: Municipal