5 Bedroom
2 Bathroom
2270
None
Forced Air
$460,000
Turn-key investment opportunity generating proven steady income in the heart of downtown Owen Sound. Solid brick Duplex featuring 2,270 square feet with a 3 bedroom, 1 bath unit on the main floor and 2 bedroom, 1 bath unit on the upper floor, each with a separate entrance and separate hydro meter. This building is economical to operate, and the rents are well stabilized. Improvements include electrical, plumbing, hot water tank, bathrooms, and luxury vinyl flooring throughout. Ideally located near the downtown core, walking distance to shops, restaurants, and public transit. Owen Sound is a thriving community and regional centre serving both Grey and Bruce Counties with a focus on business, health, education, tourism, and culture, contributing greatly to its stable economic base. Offering an excellent cap rate and with room for even more value-added opportunity, this property presents a great addition to your portfolio. (id:42639)
Property Details
MLS® Number
|
40335365 |
Property Type
|
Multi-family |
Amenities Near By
|
Airport, Beach, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Communication Type
|
High Speed Internet |
Community Features
|
High Traffic Area, Community Centre, School Bus |
Features
|
Park/reserve, Beach, Crushed Stone Driveway |
Parking Space Total
|
4 |
Structure
|
Shed, Porch |
Building
Bathroom Total
|
2 |
Bedrooms Total
|
5 |
Appliances
|
Water Meter |
Basement Development
|
Unfinished |
Basement Type
|
Full (unfinished) |
Construction Style Attachment
|
Detached |
Cooling Type
|
None |
Exterior Finish
|
Brick |
Fire Protection
|
Smoke Detectors |
Foundation Type
|
Stone |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
2270 |
Type
|
Duplex |
Utility Water
|
Municipal Water |
Land
Access Type
|
Road Access, Highway Access, Highway Nearby |
Acreage
|
No |
Fence Type
|
Partially Fenced |
Land Amenities
|
Airport, Beach, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Sewer
|
Municipal Sewage System |
Size Depth
|
165 Ft |
Size Frontage
|
45 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
C-1-2 |
Utilities
Cable
|
Available |
Electricity
|
Available |
Natural Gas
|
Available |
Telephone
|
Available |
https://www.realtor.ca/real-estate/24961583/1180-3rd-avenue-e-owen-sound