1379 3rd Avenue, Owen Sound, ON Image 1

$398,500

Duplex For Sale
MLS - #X12218010
6 days ago- By Keller Williams Realty Centres

1379 3rd Avenue, Owen Sound, ON N4K 2L8

5 Bed
2 Bath
1500-2000 Sqft.
None Garage

Property Description

Property type

Duplex

Lot size

N/A

Style

2-Storey

Approx. Area

1500-2000 Sqft

About 1379 3rd Avenue

NOW OFFERING VACANT POSSESSION ON THE MAIN FLOOR. PICK YOUR OWN TENANT, SET YOUR OWN RENTAL RATE. Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with an annual rental income of $40,000 last year. 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.

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Unfinished
Cooling:None
Heating:Forced Air
Parking Features:N/A
1
Similar Homes Found
$599,000
Average Price
-33.5%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

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Walk Score for 1379 3rd Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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