982 1ST Avenue W

Multi-family For Sale in Owen Sound, Ontario

$699,000
  • 7 Beds
  • 2 Baths
  • 2,800 Sq. Ft.
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

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Century 21 In-Studio Realty Inc,. Brokerage

927 2nd Ave E Owen Sound Ontario N4K 2H5

Office: 519-375-7653

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