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1395-97 3rd Avenue E Owen Sound, Ontario N4K 2L8

11 Bedroom 8 Bathroom 1
None Hot Water Radiator Heat

$1,400,000

Huge investment opportunity. Gross yearly income over $97,000. All 8 units are rented, all rents are inclusive. Updated hot water radiators installed in all units, Viessmann Atola - RN boiler system that also functions as indirect hot water heater for all 8 units. Electrical upgraded throughout, newer lighting in common areas, 400amp service, updated bathrooms and kitchens. Newer flooring. Laundry and storage in walkout basement - laundry not currently being used. Unmonitored alarm system. Mix of good long term tenants and newer tenants paying current market value rents. Financials available. 48 hours required for viewings. No viewings/inspections on Sundays. (id:45443)

Property Details

MLS® Number 40095898
Property Type Multi-family
Amenities Near By Playground, Public Transit, Shopping

Building

Bathroom Total 8
Bedrooms Total 11
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 3
Size Interior 1
Utility Water Municipal Water

Land

Acreage No
Land Amenities Playground, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 120 Ft
Size Frontage 53 Ft
Size Total Text Under 1/2 Acre
Zoning Description R5

https://www.realtor.ca/real-estate/23085706/1395-97-3rd-avenue-e-owen-sound

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