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1379 3RD AVENUE E Owen Sound

1379 3RD AVENUE E, Owen Sound

$398,500

  • 5
  • 2
Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with tenants in place and an annual rental income of $40,000. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market. (id:45839)
  • Listing ID: X12218010
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Hospital, Schools, Public Transit, Park
  • Community Features: School Bus, Community Centre
  • Parking Spaces: 5
  • Structure: Patio(s), Porch
  • Transaction: For sale

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 5
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1500 - 2000 sqft
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Schools, Public Transit, Park
  • Sewer: Septic System
  • Size Depth: 176 ft
  • Size Frontage: 36 ft
  • Size Irregular: 36 x 176 FT

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    Looking for more information or to schedule a showing? Contact Christine Smith today.

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    This property for sale is located at 1379 3RD AVENUE E in Owen Sound. It was last modified on June 13th, 2025. Contact Christine Smith to schedule a viewing or to discover other Owen Sound properties for sale.

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