Parry Sound

31 MILLER Street (40516855)

$350,000

About the Property

ATTENTION Investors and Developers! This Triplex sits on over 1/2 an acre (0.518 acres) in the Downtown area of Parry Sound! Approximately 2/3 of the property is level, empty and cleared. The Triplex consists of a large main level 2 bedroom, 2 bathroom unit that is approximately 1248 sq' and has side and front exits. The upper level is accessed by outside stairs leading to 2 separate 1 bedroom units. All units a currently tenanted with rents as follows: Main level $1100 + hydro, first upper unit $750 + hydro, second upper unit $700 + hydro. Seller pays the heat (natural gas furnace). The main level unit has laundry but the 2 upper units do not have laundry. There is a detached double garage (not being used) and a large storage barn/structure at the back of the garage. There are 2 parking spaces in front of the garage and a driveway at the back of the building that could fit 4 more cars. All structures are in rough shape and require TLC. Tenants would like to stay. This property could have a lot of potential, more than the existing Triplex use. With the C1 (Commercial) zoning and being a large 0.518 acre lot in the Downtown area, there may be the opportunity to create more residential units or other income earning options! Note: all inside photos are only of the main level Apt #1. Note: Access into the basement utility room is through the main level unit. All expense numbers are stated as received from the Seller and are not verified. (id:48047)

  • Details
  • Building
  • Dimensions
  • Land
Bedrooms

4

Bathrooms

4

Garage

Yes

Parking Spaces

8

Ownership

Freehold

Sewer

Municipal sewage system

Cooling

None

Heating Type

Forced air,

Heating Fuel

,Natural gas

Lot Size

0.518 acres

Frontage Length

132 ft

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association | Powered by SoldPress
finding-your-muskoka-logo_white
Looking to buy a cottage or home in the Parry Sound Area? Reach out and let us know what you're looking for!