1 of 20 - 20 Miller Street, Parry Sound, Ontario
2 of 20 - 20 Miller Street, Parry Sound, Ontario
3 of 20 - 20 Miller Street, Parry Sound, Ontario
4 of 20 - 20 Miller Street, Parry Sound, Ontario
5 of 20 - 20 Miller Street, Parry Sound, Ontario
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20 Miller Street, Parry Sound, Ontario

$2,200,000

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17

Beds

8

Baths

5,008

Square feet

About 20 Miller Street

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:6289)

Features of 20 Miller Street

Listing # 40559885
Price $2,200,000
Bedrooms 17
Bathrooms 8.00
Square Footage 5,008
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 20 Miller Street
Subdivision Parry Sound
City Parry Sound
Province Ontario
Postal Code P2A1S8

Amenities

Features Shared Driveway, Laundry- Coin operated
Parking Spaces 9
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Baseboard heaters
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Brick
Foundation Block

Listing Details

OfficeMaven Commercial Real Estate Brokerage

Listing Map

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