property-description
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:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $19,036Last Updated
: Fri, April 26, 2024Mls Num
: 40559885Listing Date
: Apr 23, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.105Sq Ft Raw
: detailsSection.sqftSub Division
: Parry Sound
detailsSection.headers.interiorFeatures
Heating
: Baseboard heaters, Natural gasBasement
: Finished, Full
detailsSection.headers.utilities
Sewer
: Municipal sewage system
detailsSection.headers.other
Exterior Features
: Brick
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