property-description
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. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $19,379Last Updated
: Fri, April 26, 2024Mls Num
: 40563973Listing 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, ElectricBasement
: Partially finished, Full
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Sewer
: Municipal sewage system
detailsSection.headers.other
Parking Features
: Detached GarageExterior Features
: Brick
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