1522 3rd Avenue East Owen Sound, ON N4K 2L9
Listing Courtesy of:  CREA / Keller Williams Realty Centres, Brokerage (hanover)

  1522 3rd Avenue East Owen Sound, ON N4K 2L9

Active (17 Days)
$765,000
9
BED
5
BATH
4,310
SQFT

Description

Introducing an exceptional turn-key investment opportunity in the heart of vibrant Owen Sound. This package includes two side-by-side income producing properties: a legal triplex and a solid brick single-family house with detached shop. Offering altogether more than 4,300 square feet of rentable space, each unit comes with its own separate entrance, hydro meter, and basement. The triplex features three 2 bedroom, 1 bathroom units, while the single-family house offers 3 bedrooms, 2 bathrooms, and a detached shop with separate hydro meter poised for a potential duplex conversion with a little elbow grease. These buildings are economical to operate, and the rents are well stabilized. Generating an impressive income, this is an attractive investment opportunity in a thriving market. Situated in the heart of Owen Sound, a growing and vibrant community, and perfectly positioned to meet the strong demand for rental apartments. Offering an excellent cap rate and with room for even more value-added opportunity, this two-property package presents a great addition to your portfolio. (id:41440)

MLS®:
40671812
Type
Multifamily
County
Grey County

Listed By

Hailey Macarthur, Keller Williams Realty Centres, Brokerage (hanover)
Source
CREA
Last checked Nov 21 2024 at 7:09 PM MST
Bathroom Details
  • Full Bathrooms: 5
Subdivision
  • Owen Sound
Property Features
  • Foundation: Stone
Heating and Cooling
  • Natural Gas
  • Forced Air
Basement Information
  • Partial
  • Unfinished
Exterior Features
  • Brick
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 8
  • Detached Garage
Stories
  • 2
Living Area
  • 4,310 sqft
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 11/21/24 11:09