1522, 1524, 1526, 1544 3RD E Avenue, Owen Sound, ON N4K 2L9

  • $765,000
1522, 1524, 1526, 1544 3RD E Avenue, Owen Sound, ON N4K 2L9
Active For Sale
1522, 1524, 1526, 1544 3RD E Avenue, Owen Sound, ON N4K 2L9
1522, 1524, 1526, 1544 3RD E Avenue, Owen Sound, ON N4K 2L9
  • $765,000

Overview

Property ID: HZX11887316
  • Investment, Commercial Sale
  • Property Type
  • 9
  • Bedrooms
  • 5
  • Bathrooms
  • 4310
  • Sqft

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.

  • Address 1522, 1524, 1526, 1544 3RD E Avenue
  • City Owen Sound
  • State/county ON
  • Zip/Postal Code N4K 2L9
  • Country CA

Details

Updated on April 3, 2025 at 2:08 am
  • Property ID: HZX11887316
  • Price: $765,000
  • Property Size: 4310 Sqft
  • Bedrooms: 9
  • Bathrooms: 5
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Roof: Asphalt Shingle
  • Utilities: Unknown
  • Sewer: Sewer
  • Cooling: Other
  • County: Grey County
  • Property Type: Commercial Sale
  • Community Features: Recreation/Community Centre,Public Transit,Park

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