$398,500
1379 3rd Avenue, Owen Sound, ON N4K 2L8
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
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - 3rd Avenue

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