900 2nd Avenue W, Owen Sound, ON N4K 4M5

$1,072,000
8
BD
5
BA
3,500
SqFt

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List Price
$1,072,000
MLS#
X13207132
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
Other
Bedrooms
8
Bathrooms
5
Living Area
3500-5000
Province
ON
Municipality
Owen Sound
Area
Grey County
Neighborhood
Owen Sound
Subdivision
9th Street West

Property Description

Embark on an exceptional investment journey with this property in the River District/Downtown, offering not just lucrative potential but the possibility of a home base if you choose to reside in one of its units while renting out the rest. Additionally, the commercial unit presents an opportunity to run a business right at your doorstep. This classic Victorian residence exudes charm and character at every corner, enhanced by its high ceilings and open, well-laid-out units. Extensive renovations have revitalized its allure, ensuring its timeless appeal. With four fully leased residential units and one rented commercial space, this property stands as a beacon of investment potential, impeccably maintained and ready for profitability. Nestled amidst the scenic beauty of Owen Sound, residing here offers a lifestyle marked by tranquility and convenience. Explore charming local shops, savor culinary delights at nearby restaurants, and immerse yourself in the rich cultural fabric of the community. With picturesque parks, breathtaking waterfront views, and a welcoming atmosphere, Owen Sound epitomizes the essence of small-town living with modern amenities. Seize the opportunity to own a piece of this vibrant locale, where each day holds new possibilities for exploration and enjoyment. Building gross revenue (rent + coin laundry) $94,616.75.

Additional Information

Taxes
$7,060
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit(s)
Family Room
Yes
Kitchens
5
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
10
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of LPT Realty.