ON > Owen Sound > Owen Sound
Owen Sound, ON N4K 2L8,1379 3rd AVE E
Owen Sound, ON N4K 2L8,1379 3rd AVE E
Owen Sound, ON N4K 2L8,1379 3rd AVE E
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Craig Strachan

Craig Strachan

+1(705) 730-4892
$398,500
Est. payment /mo
5 Beds
2 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Owen Sound

MLS Listing ID X12218010

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,980

Tax Year 2024

Property Sub-Type Duplex

Property Description

Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with tenants in place and an annual rental income of $40,000. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market.

Location

Province ON

County Grey County

Community Owen Sound

Area Grey County

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features Separate Hydro Meter, Water Heater Owned

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Patio, Porch

Pool None

Roof Type Asphalt Shingle

Lot Frontage 36.0

Lot Depth 176.0

Total Parking Spaces 5

Building

Unit Features Hospital,School,School Bus Route,Rec./Commun.Centre,Public Transit,Park

Foundation Stone

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Listed by Keller Williams Realty Centres
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(705) 730-4892

craig@bellwethergroup.ca

23 Clapperton St. L4M 3E4, Barrie, ON, Canada

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1379 3rd AVE E