982 1st Avenue W Owen Sound, ON N4K4K5
Listing Courtesy of: ITSO FRANCHISE / Century 21 In-Studio Realty Inc. Brokerage / Mark Barbosa
$699,000
7
BED
2
BATH
2,800
SQFT

  982 1st Avenue W Owen Sound, ON N4K4K5

Active (19 Days)

Description

Turn Key investment opportunity in the heart of the River District, downtown Owen Sound! Solid 3 storey red
brick building featuring a gorgeous renovated 2 bedroom main floor apartment and a 5 bedroom
upper unit. Sweeping views of the River and Inner Harbour just across the 10th St bridge add to the appeal. A longtime tenant operates a successful hair salon in the self contained commercial space at the rear.
This building is economical to operate and the rents are well stabilized, never a problem keeping it fully rented. It sports a generous 6.5% CAP rate, making this a great addition to your portfolio. This property is well positioned in a quickly emerging downtown setting. Ideal for owner occupied or STA. Private viewings available now.

MLS®:
40362861
Type
Multifamily
Views
River
County
Grey County
Bathroom Details
Interior Features
  • Windows: Window Coverings
  • Washer
  • Stove
  • Refrigerator
  • Dryer
  • Instant Hot Water
  • Laundry: Upper Level
  • Laundry: In-Suite
Lot Information
  • Visual Exposure
  • Shopping Nearby
  • Public Transit
  • Playground Nearby
  • Place of Worship
  • Park
  • Library
  • City Lot
  • Business Centre
  • Arts Centre
  • Urban
Property Features
  • Fireplace: Gas
  • Fireplace: 1
  • Foundation: Stone
Heating and Cooling
  • Natural Gas
  • Forced Air
  • Central Air
Basement Information
  • Unfinished
  • Full
Pool Information
  • None
Exterior Features
  • Roof: Shingle
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 5
Stories
  • 3
Living Area
  • 2,800 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Century 21 Canada and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 1/26/23 16:44