1379 3rd AVE E new Save Request In-Person Tour Request Virtual Tour
Owen Sound,ON N4K 2L8
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
Kitchen 2
Interior
Cooling None
Exterior
Exterior Feature Patio,Porch
Pool None
Roof Type Asphalt Shingle
Building
Foundation Stone