105 Gibson Street, Parry Sound, Ontario P2A 1X6

Listed for:
$599,900
5 beds
4 baths
Listed 5 days ago
Multi-Family for rent: 105 Gibson Street, Parry Sound, Ontario P2A 1X6

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About

Cross Streets: Gibson and Cascade Streets. ** Directions: Cascade to 105 Gibson. **Investors Take Note! Four Units, Established Rental Income, and Excellent Investment Potential!** Welcome to 105 Gibson Street, a fully tenanted fourplex ideally located in the heart of Parry Sound, one of Canada's fastest-growing communities. This income-producing property offers four self-contained units: two 1-bedroom apartments, one 2-bedroom suite with laundry, and one studio apartment, all rented on month-to-month agreements. Separate hydro meters allow tenants to pay their own electricity costs, helping minimize landlord expenses, while water and sewage remain the owner's responsibility. With established rental income, reliable tenants, diversified rental units, and potential for future rental growth, this property offers investors an attractive opportunity to build equity and expand their real estate portfolio. Floor plans with room measurements are available in the attachments. **A turnkey investment opportunity with immediate income and long-term potential!** (id:27476)

Property Highlights

MLS® Number
X14161598
Type
Multi-family
Community Name
Parry Sound
Land Size
0.498 ac
Parking Space Total
6

Building

Building Type
Multi-Family
Square Footage
21711 sqft
Bathrooms Total
4
Bedrooms Total
5
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Right At Home Realty
MLS® number:
X14161598
Agent:
Susan Merriman
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