105 Gibson Street Parry Sound, Ontario P2A 1X6

$625,000

Investors, check this out! Welcome to 105 Gibson Street, a solid 4-plex investment chance right in the heart of Parry Sound, one of Canada's fastest-growing communities. This fully rented property includes four self-contained units - two 1-bedroom suites, one 2-bedroom suite with laundry, and one studio apartment - all currently on month-to-month leases.Each unit has separate hydro meters, so tenants handle their own utility costs, while the landlord pays for water and sewage. Floor plans with room sizes are included in the attachments.With steady cash flow, reliable tenants, and a spot in a growing market, this property is a great option for investors wanting to add a turnkey, income-generating asset to their portfolio. (id:55460)

Property Details

MLS® Number	X13075114
Property Type	Multi-family
Community Name	Parry Sound
Equipment Type	Water Heater
Features	Irregular Lot Size
Parking Space Total	6
Rental Equipment Type	Water Heater

Building

Bathroom Total	4
Bedrooms Above Ground	5
Bedrooms Total	5
Age	100+ Years
Appliances	Water Meter
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Cooling Type	None
Exterior Finish	Vinyl Siding
Foundation Type	Block, Stone
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	2
Size Interior	2,500 - 3,000 Ft2
Type	Fourplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	330 Ft
Size Frontage	66 Ft
Size Irregular	66 X 330 Ft
Size Total Text	66 X 330 Ft|under 1/2 Acre
Zoning Description	R2-residential Second Density W/provision Sp-26.64

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/29692058/105-gibson-street-parry-sound-parry-sound