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1522, 1524, 1526, 1544 3RD AVENUE E Owen Sound

1522, 1524, 1526, 1544 3RD AVENUE E, Owen Sound

$765,000

  • 9
  • 5
4,310 Square Feet
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:45839)
  • Listing ID: X11887316
  • Property Type: Business
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Details

  • Amenities Nearby: Recreation, Public Transit, Park, Hospital
  • Features: Lighting
  • Parking Spaces: 8
  • Structure: Deck, Workshop
  • Transaction: For sale
  • Zoning Description: MC

Building

  • Amenities: Separate Heating Controls
  • Appliances: Refrigerator, Stove
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Basement Features: Walk-up
  • Construction Style Other: Seasonal
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 5
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 4310 sqft
  • Utility Water: Municipal water

Land

  • Amenities: Recreation, Public Transit, Park, Hospital
  • Fence: Fenced yard
  • Sewer: Sanitary sewer
  • Size Depth: 172 ft ,3 in
  • Size Frontage: 67 ft ,3 in
  • Size Irregular: Unit=67.25 x 172.29 FT

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    This property for sale is located at 1522, 1524, 1526, 1544 3RD AVENUE E in Owen Sound. It was last modified on December 10th, 2024. Contact Christine Smith to schedule a viewing or to discover other Owen Sound properties for sale.

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