60 CHURCH Street, Parry Sound, Ontario
$2,200,000
- 12 Beds
- 10 Baths
- 7,623 Square Feet
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:56241)
- Listing ID: 40563973
- Property Type: Multi-family
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Listing provided by Maven Commercial Real Estate Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 60 CHURCH Street in Parry Sound Ontario. It was last modified on April 22nd, 2024. Contact Claire Weston to schedule a viewing or to discover other Parry Sound real estate for sale.