Quick Summary
Quick Summary
- Diverse 9-unit residential property
- Versatile shop/garage space with 3 bays
- Substantial lot with expansion potential
- Immediate cash flow with 27% below market rents
- Gross income of $161,163 per year
- Financials available upon request
- Strategically located for future appreciation
- Unique investment opportunity in Parry Sound
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... Show More
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:54626)
Property Details
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Parking
Lot
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Heating & Cooling
Utilities
Ownership Details
Ownership
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For Sale Nearby
Sold Nearby
- 6
- 6
- 1,100 - 1,500 Sq. Ft.
- 3
- 1
- 3
- 1
- 3
- 1
- 2,000 - 2,500 Sq. Ft.
- 3
- 3
- 5
- 2
- 3
- 3
- 3,000 - 3,500 Sq. Ft.
- 4
- 3
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