502 9th Street W Owen Sound, ON N4K 3P2
Listing Courtesy of: ITSO / Keller Williams Innovation Realty

  502 9th Street W Owen Sound, ON N4K 3P2

Active (11 Days)
$569,000
6
BED
2
BATH
2,403
SQFT

Description

Discover Investment Excellence at 502-504 9th Street

Experience a prime opportunity with this charming brick duplex, ideally positioned moments from schools, parks, and the vibrant heart of downtown. Boasting spacious units, extensive upgrades, and impressive rental income, this property is a standout investment or a smart buy for first-time homebuyers seeking additional revenue.

Property Highlights:
Location: Nestled in a desirable area close to essential amenities and leisure spots.
Configuration: Up/down duplex with a total of 6 bedrooms and 2 bathrooms across both units.
Outdoor Living: Each unit features its unique outdoor space - a newly built deck for the main floor and a rooftop deck for the upstairs unit, perfect for relaxation or entertaining.
Recent Upgrades: Commitment to quality is evident with a new furnace and water heater installed in 2019, a new roof in 2020, and eavestroughs added in 2021. Both units also enjoy updated plumbing and electrical systems, ensuring hassle-free ownership.
Income Generating: Currently fetching $3950 in monthly rent plus utilities, presenting a lucrative cash flow opportunity.
Utility Enhancements: Shared laundry facilities in the basement, with provisions available to add a second washer and dryer set, offering convenience for tenants
Electrical & Safety: The property is modernized with separate 100amp panels for each unit.

This duplex exemplifies a blend of vintage charm and modern convenience, yielding an attractive option for investors keen on immediate returns or first-time buyers looking for a property with supplemental income potential.
Seize the opportunity to enrich your portfolio with 502-504 9th Street - where investment meets innovation.

For inquiries and to arrange an exclusive viewing, contact us today. Propel your investment journey in a location designed for success.

MLS®:
40577686
Taxes
$2,794
Type
Multifamily
County
Grey County

Listed By

Adam Bendig, Keller Williams Innovation Realty
Source
ITSO
Last checked May 6 2024 at 10:34 AM EDT
Bathroom Details
Interior Features
  • Washer
  • Stove
  • Refrigerator
  • Dryer
  • Dishwasher
  • Laundry: Shared
  • Separate Hydro Meters
  • Separate Heating Controls
Lot Information
  • Trails
  • Shopping Nearby
  • Schools
  • School Bus Route
  • Regional Mall
  • Rec./Community Centre
  • Public Transit
  • Public Parking
  • Playground Nearby
  • Place of Worship
  • Park
  • Marina
  • Hospital
  • City Lot
  • Dog Park
  • Business Centre
  • Ample Parking
  • Rectangular
Property Features
  • Foundation: Stone
Heating and Cooling
  • Wall Furnace
  • Forced Air
  • Wall Unit(s)
Basement Information
  • Unfinished
  • Partial
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 5
Stories
  • 2
Living Area
  • 2,403 sqft
Location
   
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 5/6/24 03:34