Turn Key investment opportunity in the heart of the River District, downtown Owen Sound! Solid 3 storey red brick building featuring a gorgeous renovated 2 bedroom main floor apartment and a 5 bedroom upper unit. Sweeping views of the River and Inner Harbour just across the 10th St bridge add to the appeal. A longtime tenant operates a successful hair salon in the self contained commercial space at the rear. This building is economical to operate and the rents are well stabilized, never a problem keeping it fully rented. It sports a generous 6.5% CAP rate, making this a great addition to your portfolio. This property is well positioned in a quickly emerging downtown setting. Ideal for owner occupied or STA. Private viewings available now. (id:4069)
| Address |
982 1ST Avenue W |
| List Price |
$699,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Triplex |
| Area |
Ontario |
| Sub-Area |
Owen Sound |
| Bedrooms |
7 |
| Bathrooms |
2 |
| Floor Area |
2,800 Sq. Ft. |
| MLS® Number |
40362861 |
| Listing Brokerage |
CENTURY 21 IN-STUDIO REALTY INC., Brokerage (Owen Sound)
|
| Basement Area |
Full (Unfinished) |
| Postal Code |
N4K4K5 |
| Zoning |
C1 |
| Site Influences |
Park, Place of Worship, Playground, Public Transit, Shopping |
| Features |
Visual exposure, Park/reserve |
