Address Unavailable , Owen Sound, ON N4K 2L9
Owen Sound, ON N4K 2L9
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.
Details
| MLS# | X11887316 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 104 |
| Listing Provided By | KELLER WILLIAMS REALTY CENTRES, BROKERAGE (HANOVER) | Not Provided |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 4,310 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Grey County |
| City | Owen Sound |
| Zip Code | N4K 2L9 |
| Area | Owen Sound |
| Listing VS Median (in N4K 2L9) | |
Price: $765,000 low | high Med: $765,000 SqFt: 4,310 low | high Med: 4,310 $ / SqFt: $177 low | high Med: $177 On Site: 104 low | high Med: 104.000000 | |