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900 2nd Avenue W Owen Sound, Ontario N4K 4M5

8 Bedroom5 Bathroom3,500 - 5,000 sqft
Wall UnitForced Air, Radiant HeatLandscaped

$1,072,000

Embark on an exceptional investment journey with this property in the River District/Downtown, offering not just lucrative potential but the possibility of a home base if you choose to reside in one of its units while renting out the rest. Additionally, the commercial unit presents an opportunity to run a business right at your doorstep. This classic Victorian residence exudes charm and character at every corner, enhanced by its high ceilings and open, well-laid-out units. Extensive renovations have revitalized its allure, ensuring its timeless appeal. With four fully leased residential units and one rented commercial space, this property stands as a beacon of investment potential, impeccably maintained and ready for profitability. Nestled amidst the scenic beauty of Owen Sound, residing here offers a lifestyle marked by tranquility and convenience. Explore charming local shops, savor culinary delights at nearby restaurants, and immerse yourself in the rich cultural fabric of the community. With picturesque parks, breathtaking waterfront views, and a welcoming atmosphere, Owen Sound epitomizes the essence of small-town living with modern amenities. Seize the opportunity to own a piece of this vibrant locale, where each day holds new possibilities for exploration and enjoyment. Building gross revenue (rent + coin laundry) $94,616.75. (id:48745)

Property Details

MLS® Number X13207132
Property TypeMulti-family
Community NameOwen Sound
Amenities Near ByGolf Nearby, Park, Place Of Worship, Public Transit
Parking Space Total10
StructurePorch
View TypeCity View

Building

Bathroom Total5
Bedrooms Above Ground8
Bedrooms Total8
Basement TypeFull
Cooling TypeWall Unit
Exterior FinishBrick
Foundation TypeConcrete
Half Bath Total1
Heating FuelNatural Gas
Heating TypeForced Air, Radiant Heat
Size Interior3,500 - 5,000 Sqft
TypeOther
Utility WaterMunicipal Water

Parking

No Garage

Land

AcreageNo
Land AmenitiesGolf Nearby, Park, Place Of Worship, Public Transit
Landscape FeaturesLandscaped
SewerSanitary Sewer
Size Depth100 Ft
Size Frontage85 Ft
Size Irregular85 X 100 Ft
Size Total Text85 X 100 Ft
Surface WaterLake/pond
Zoning DescriptionC1

Utilities

ElectricityInstalled
SewerInstalled

https://www.realtor.ca/real-estate/29816886/900-2nd-avenue-w-owen-sound-owen-sound

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