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31 Miller Street Parry Sound, Ontario P2A 1S9

4 Bedroom 4 Bathroom 2042
None Forced Air

$350,000

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:35854)

Property Details

MLS® Number 40516855
Property Type Multi-family
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Total 4
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Metal, Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2042
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 132 Ft
Size Irregular 0.518
Size Total 0.518 Ac|1/2 - 1.99 Acres
Size Total Text 0.518 Ac|1/2 - 1.99 Acres
Zoning Description C1

https://www.realtor.ca/real-estate/26310119/31-miller-street-parry-sound

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