Parry Sound

21 RIVER STREET (X11915189)

$875,000

About the Property

Affordable and Versatile Multi-Family Property in Parry Sound. This 23-room rooming house offers an unbeatable investment opportunity for families, retirees, or first-time investors. Located on a level lot with room for parking expansion, the property ensures added convenience for tenants and visitors alike. Enjoy the benefits of downtown living this property is just a short walk to shops, restaurants, and other amenities. Perfect for multi-generational living or as a cash-flow investment, it offers the flexibility to live in one unit while renting out others. Property Highlights: Top Floor: 7 rooms, 2 bathrooms (1 three-piece, 1 four-piece)Second Floor: 9 rooms, 2 bathrooms (1 three-piece, 1 four-piece)First Floor: 6 rooms, 2 bathrooms, kitchen area, and storage area Basement: Spacious kitchen, dining, living area, bedroom combo, and a 4-piece bath. Bonus: walk-up attic potential loft. With a vibrant community, room for growth, and strong income-generating potential, this property is a smart choice for anyone looking to invest in Parry Sounds thriving market. Schedule your viewing today! (id:48047)

  • Details
  • Building
  • Dimensions
  • Land
Bedrooms

18

Bathrooms

7

Community Features

Community Centre,School Bus

Garage

No

Parking Spaces

6

Sewer

Sanitary sewer

Area

4999.958 - 99999.6672 sqft

Heating Type

Baseboard heaters

Heating Fuel

Electric

Frontage Length

65 ft

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