982 1st Avenue W Owen Sound, Ontario N4K 4K5
$699,900
Turn Key investment opportunity in the heart of the River District, downtown Owen Sound! Solid 3 storey red brick commercial building featuring a gorgeous renovated 2 bedroom main floor apartment and a 5 bedroom upper unit. A longtime tenant operates a successful hair salon in the separate commercial space at the rear. This building is economical to operate and the rents are well stabilized, it sports a generous 5.7% CAP rate making this a great addition to your portfolio. (id:2333)
Property Details
| MLS® Number | 40283889 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Shopping |
| Features | Visual Exposure, Park/reserve |
| Parking Space Total | 5 |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 7 |
| Appliances | Window Coverings |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors, Alarm System |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2800 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 146 Ft |
| Size Frontage | 33 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/24586339/982-1st-avenue-w-owen-sound
Mark Barbosa
Salesperson
www.markbarbosa.com
www.facebook.com/RealtorInOwenSound
927 2nd Ave E
Owen Sound, Ontario N4K 2H5
(519) 375-7653
https://instudiorealty.c21.ca
Tim Matthews
Broker
www.timmatthews.ca
927 2nd Ave E
Owen Sound, Ontario N4K 2H5
(519) 375-7653
https://instudiorealty.c21.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 11 2022 02:43:48
REALTORS® Association of Grey Bruce Owen Sound
Century 21 In-Studio Realty Inc., Brokerage