1 MELISSA STREET
Parry Sound, Ontario, P2A2R4
For Sale | $995,000 | 10 beds | 4 baths
Key facts
- Property type: Multi-family
- Structure: Fourplex
- Transaction: For Sale
- Price: $995,000
- Bedrooms: 10
- Bathrooms: 4
- Lot size: 202.5 FT
- Parking: 7
- Listing key: 29773207
Listing overview
Exceptional 4 Plex Investment Opportunity in the thriving Town of Parry Sound. Fantastic offering at an 8+ cap rate. This well maintained, purpose built fourplex offers a rare combination of strong income potential, low maintenance ownership, and long term investment stability in the heart of Northern Ontario cottage country. Featuring three spacious 3 bedroom units and one 1 bedroom unit, all separately metered for hydro, this solid asset is ideally positioned close to the hospital, vibrant downtown core, and the breathtaking shores of Georgian Bay. Built in 1991 with notable updates including windows and shingles, this property offers reliable cash flow with established long term tenants already in place. Ample front and rear parking further enhances tenant convenience and desirability. An outstanding opportunity for investors seeking to expand their portfolio with a high performing mu...
Interactive gallery, map, comparables, and calculator tools load automatically.