105 GIBSON STREET, Parry Sound

$625,000

For sale: Multiplex

Property type
Multi-family
Bedrooms / bathrooms
5 bedrooms, 4 bathrooms
Living area
3,000 sqft
MLS number
MLS® X13075114
Neighbourhood
Parry Sound
Multiplex at 105 GIBSON STREET, Parry Sound

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.