1825 6th Avenue W Owen Sound, ON N4K 5Y9
Listing Courtesy of: ITSO / Royal Lepage Rcr Realty Brokerage (os)

  1825 6th Avenue W Owen Sound, ON N4K 5Y9

Active (159 Days)
$3,990,000
22,500
SQFT

Description

Rare opportunity! This purpose built three storey brick walk up apartment building is located in a quiet residential neighbourhood in beautiful Owen Sound. Backing onto a ravine, this full brick on slab rental complex features 17 - 2bed 1bth apartments, and 6 - 1bd 1bth apartments with balconies. Well maintained,the property has an onsite live in Superintendant. Heating is with a gas boiler system that features a solar panel preheat system (2013). Wiring is aluminum - ESA certificate is available. Property is on municipal water and sewer. Coin op laundry in the building. Property features plenty of outside parking space. Units have been updated between each vacancy. Common areas have been updated with LED lighting, updated flooring (2023), doors replaced (2022), and updated entrance (2022). Balconies are in good condition - engineers report available. One deck will be replaced. Good income with long term tenants. The property is fully leased. Full financials will be provided upon conditional offer.

MLS®:
40509075
Taxes
$40,157(2023)
Type
Multifamily
School District
Bluewater District School Board
County
Grey County

Listed By

Ron Downs, Royal Lepage Rcr Realty Brokerage (os)
Source
ITSO
Last checked Apr 14 2024 at 10:07 AM EDT
Bathroom Details
Interior Features
  • Laundry: Coin Operated
  • Laundry: Shared
  • None
Lot Information
  • Quiet Area
  • Schools
  • Shopping Nearby
  • Place of Worship
  • Public Transit
  • Irregular Lot
  • Hospital
  • Playground Nearby
Property Features
  • Foundation: Slab
Heating and Cooling
  • Natural Gas
  • Radiator
  • Wall Unit(s)
Exterior Features
  • Roof: Membrane
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 26
Stories
  • 3
Living Area
  • 22,500 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 1.5% plus HST
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jan 26, 2024
Price Changed
$3,990,000
-4%
-150,000
Nov 07, 2023
Original Price
$4,140,000
-
-
Disclaimer: Copyright 2024 ITSO. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/14/24 03:07