20 Miller Street Parry Sound, Ontario P2A 1S8

17 Bedroom 8 Bathroom 5008
None Baseboard Heaters


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:53603)

Property Details

MLS® Number 40559885
Property Type Multi-family
Features Shared Driveway, Laundry- Coin Operated
Parking Space Total 9
Structure Shed


Bathroom Total 8
Bedrooms Total 17
Basement Development Finished
Basement Type Full (finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 5008
Utility Water Municipal Water


Acreage No
Sewer Municipal Sewage System
Size Depth 131 Ft
Size Frontage 97 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1