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1522, 1524, 1526, 1544 3RD Avenue E

Owen SoundOwen SoundON, N4K 2L9

9
Beds
5
Baths
4,310
Sq. Ft.
$765,000
List Price
1522, 1524, 1526, 1544 3RD Avenue E, Owen Sound, ON - 1 of 3
1522, 1524, 1526, 1544 3RD Avenue E, Owen Sound, ON - 2 of 3
1522, 1524, 1526, 1544 3RD Avenue E, Owen Sound, ON - 3 of 3
New
1 day on market

Quick Summary

  • Exceptional turn-key investment opportunity
  • Income-producing legal triplex and single-family
  • Over 4,300 sq ft of rentable space
  • Economical to operate with stable rents
  • Attractive investment in thriving Owen Sound
  • Excellent cap rate with value-add potential
  • Separate entrances, meters for each unit
  • Detached shop with duplex conversion option

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... Show More

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:54626)

Property Details

Size

4,310 sq. ft.
across 2 floors
9 Beds
5 Baths
5 Full

Parking

8 Parking Spaces
Detached Garage

Lot

Size
803′12″ * 2063′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40671812
Last Updated
November 4, 2024
Brokerage
KELLER WILLIAMS REALTY CENTRES, BROKERAGE (HANOVER)
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