Located just on the edge of Owen Sound, this well-maintained triplex is a smart addition to any investors portfolio. With a strong tenant base already in place and a solid 6.4% cap rate, this property offers immediate cash flow and long-term potential. Each unit is thoughtfully laid out, and the overall condition speaks to pride of ownership. If you're looking for a reliable income-producing asset in a growing market this is it. |
Price | $650,000 |
Taxes: | $3954.00 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 679 2nd Aven East , Owen Sound, N4K 2G7, Grey County |
Postal Code: | N4K 2G7 |
Province/State: | Grey County |
Legal Description: | PT LT 20 E/S POULETT ST PL OWEN SOUND AS |
Directions/Cross Streets: | 7th Street East nearest cross Street |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Other |
Building Percentage: | T |
Total Area: | 2377.00 |
Total Area Code: | Square Feet |
Area Influences: | Public Transit |
Financial Statement: | T |
Chattels: | F |
Net Income Before Debt: | $41783 |
Expenses Actual/Estimated: | $Act |
Washrooms: | 0 |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Real Broker Ontario Ltd |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Grey County |
Municipality: | Owen Sound |
Neighbourhood: | Owen Sound |
Tax: | $3,954 |
Fireplace: | N |