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1825 6th Avenue W Owen Sound, Ontario N4K 5Y9

22500
Wall Unit

$3,990,000

Rare opportunity! This purpose built three storey brick walk up apartment building is located in a quiet residential neighbourhood in beautiful Owen Sound. Backing onto a ravine, this full brick on slab rental complex features 17 - 2bed 1bth apartments, and 6 - 1bd 1bth apartments with balconies. Well maintained,the property has an onsite live in Superintendant. Heating is with a gas boiler system that features a solar panel preheat system (2013). Wiring is aluminum - ESA certificate is available. Property is on municipal water and sewer. Coin op laundry in the building. Property features plenty of outside parking space. Units have been updated between each vacancy. Common areas have been updated with LED lighting, updated flooring (2023), doors replaced (2022), and updated entrance (2022). Balconies are in good condition - engineers report available. One deck will be replaced. Good income with long term tenants. The property is fully leased. Full financials will be provided upon conditional offer. (id:48745)

Property Details

MLS® Number40509075
Property Type Multi-family
Amenities Near ByHospital, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community FeaturesQuiet Area
FeaturesLaundry- Coin Operated
Parking Space Total26

Building

Basement TypeNone
Cooling TypeWall Unit
Exterior FinishBrick
Heating FuelNatural Gas
Stories Total3
Size Interior22500
Utility WaterMunicipal Water

Land

Access TypeRoad Access
AcreageNo
Land AmenitiesHospital, Place Of Worship, Playground, Public Transit, Schools, Shopping
SewerMunicipal Sewage System
Size Frontage128 Ft
Size Total Text1/2 - 1.99 Acres
Zoning DescriptionMr, Zh

https://www.realtor.ca/real-estate/26261287/1825-6th-avenue-w-owen-sound

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