60 Church Street Active Save Request In-Person Tour Request Virtual Tour
Parry Sound,ON P2A 1Y7
Key Details
Property Type Multi-Family
Sub Type Multi-6-9 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 7,623 sqft
Price per Sqft $288
MLS Listing ID 40563973
Bedrooms 12
Abv Grd Liv Area 7,623
Originating Board Barrie
Annual Tax Amount $19,379
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. Gross Income - $161,163. Financials available upon submitting a confidentiality agreement (See Attachment Section).
Location
Province ON
County Parry Sound
Area Parry Sound
Zoning R3
Direction From ON-400 N - Take exit 224 toward Parry Sound, Merge onto Bowes St. Continue onto Seguin St. Turn right onto Church St, Destination will be on the left.
Rooms
Other Rooms Storage
Basement Separate Entrance,Full,Partially Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Baseboard,Electric
Cooling None
Fireplace No
Appliance Refrigerator,Stove
Laundry Coin Operated,Shared
Exterior
Garage Detached Garage,Mutual/Shared
Garage Spaces 6.0
Waterfront No
Waterfront Description Lake/Pond
Roof Type Flat,Shingle
Lot Frontage 263.58
Lot Depth 319.88
Parking Type Detached Garage,Mutual/Shared
Garage Yes
Building
Lot Description Irregular Lot
Faces From ON-400 N - Take exit 224 toward Parry Sound, Merge onto Bowes St. Continue onto Seguin St. Turn right onto Church St, Destination will be on the left.
Story 2
Foundation Concrete Block,Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 521070370
Ownership Freehold/None