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. 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:27476)
