1522, 1524, 1526, 1544 3rd Avenue E Owen Sound, ON N4K 2L9
Listing Courtesy of: ITSO / Keller Williams Realty Centres, Brokerage (hanover)

  1522, 1524, 1526, 1544 3rd Avenue E Owen Sound, ON N4K 2L9

Active (47 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.

MLS®:
40671812
Taxes
$5,662(2023)
Type
Multifamily
School District
Bluewater District School Board,Bruce-Grey Catholic District Sch
County
Grey County

Listed By

Hailey Macarthur, Keller Williams Realty Centres, Brokerage (hanover)
Source
ITSO
Last checked Dec 21 2024 at 6:50 AM EST
Bathroom Details
Interior Features
  • Stove
  • Refrigerator
  • Hot Water Tank Owned
  • Laundry: In-Suite
  • Separate Hydro Meters
  • Separate Heating Controls
Lot Information
  • Trails
  • Shopping Nearby
  • Schools
  • School Bus Route
  • Regional Mall
  • Rec./Community Centre
  • Public Transit
  • Public Parking
  • Playground Nearby
  • Place of Worship
  • Park
  • Open Spaces
  • Marina
  • Library
  • Hospital
  • Highway Access
  • City Lot
  • Dog Park
  • Airport
Property Features
  • Foundation: Stone
Heating and Cooling
  • Radiator
  • Natural Gas
  • Forced Air
  • Other
Basement Information
  • Unfinished
  • Partial
  • Walk-Up Access
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
Garage
  • Garage
Parking
  • Total: 8
  • Detached Garage
Stories
  • 2
Living Area
  • 4,310 sqft
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Disclaimer: Copyright 2024 ITSO. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/20/24 22:50