1522, 1524, 1526, 1544 3rd Avenue E Owen Sound, Ontario N4K 2L9
$765,000
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:42776)
Property Details
| MLS® Number | 40671812 |
| Property Type | Multi-family |
| Amenities Near By | Airport, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Parking Space Total | 8 |
| Structure | Workshop, Shed |
Building
| Bathroom Total | 5 |
| Bedrooms Total | 9 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 4310 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Access Type | Highway Access |
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Airport, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 172 Ft |
| Size Frontage | 67 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Mc |
https://www.realtor.ca/real-estate/27612166/1522-1524-1526-1544-3rd-avenue-e-owen-sound
517 10th Street
Hanover, Ontario N4N 1R4
(877) 895-5972
(905) 895-3030
kwrealtycentres.com/
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November 04 2024 03:46:13
REALTORS® Association of Grey Bruce Owen Sound
Keller Williams Realty Centres, Brokerage (Hanover)