For Sale

$1,400,000.00

1395-97 3RD Avenue E , Owen Sound, Ontario N4K2L8

11 Beds 8 Baths

Remarks

Huge investment opportunity. Gross yearly income over $97,000. All 8 units are rented, all rents are inclusive. Updated hot water radiators installed in all units, Viessmann Atola - RN boiler system that also functions as indirect hot water heater for all 8 units. Electrical upgraded throughout, newer lighting in common areas, 400amp service, updated bathrooms and kitchens. Newer flooring. Laundry and storage in walkout basement - laundry not currently being used. Unmonitored alarm system. Mix of good long term tenants and newer tenants paying current market value rents. Financials available. 48 hours required for viewings. No viewings/inspections on Sundays. (id:27)

Property Summary

  • Lot Frontage: 53.0 Feet
  • Lot Depth: 120.0 Feet
  • Floor Space (approx): 1.00
  • Bedrooms: 11
  • Bathrooms (Total): 8
  • Zoning: R5

Property Features:

  • Amenities Nearby:
    Playground , Public Transit , Shopping
  • Ownership Type:
    Freehold
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system

Building Features:

  • Basement Development:
    Partially finished
  • Basement Type:
    Full
  • Cooling Type:
    None
  • Exterior Finish:
    Brick
  • Fire Protection:
    Smoke Detectors
  • Foundation Type:
    Stone
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Hot water radiator heat

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