Owen Sound, ON N4K2L8,1379 3RD AVENUE E
Owen Sound, ON N4K2L8,1379 3RD AVENUE E
Owen Sound, ON N4K2L8,1379 3RD AVENUE E
Owen Sound, ON N4K2L8,1379 3RD AVENUE E
Owen Sound, ON N4K2L8,1379 3RD AVENUE E
Owen Sound, ON N4K2L8,1379 3RD AVENUE E
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$ 398,500
Est. payment | /mo

5 Beds

2 Baths

1,500 SqFt


Save
$ 398,500
Est. payment | /mo
Save

5 Beds

2 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $265

Subdivision Owen Sound

MLS® Listing ID X12218010

Bedrooms 5

Source OnePoint Association of REALTORS®

Property Description

NOW OFFERING VACANT POSSESSION ON THE MAIN FLOOR. PICK YOUR OWN TENANT, SET YOUR OWN RENTAL RATE. Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with an annual rental income of $40,000 last year. 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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Exterior

Parking Features No

Community Features School Bus, Community Centre

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Septic System

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Listed by Keller Williams Realty Centres

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1379 3RD AVENUE E