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:4069)
Address
900 2ND AVENUE W
List Price
$1,072,000
Property Type
Multi-family
Type of Dwelling
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Owen Sound
Bedrooms
8
Bathrooms
5
Half Bathrooms
1
Floor Area
3500 - 5000 Sq. Ft.
Lot Size
85 x 100 FT Sq. Ft.
Lot Depth
100 ft
Frontage Length
85 ft
MLS® Number
X13207132
Listing Brokerage
LPT Realty
Basement Area
Full
Postal Code
N4K4M5
Zoning
C1
Parking Places (Total)
10
Site Influences
Golf Nearby, Park, Place of Worship, Public Transit, View
Heat Source
Natural gas
Heat Type
Forced air, Radiant heat
Cooling Features
Wall unit
Foundation Details
Concrete
Other Structures
Porch
Water Source
Municipal water
Sewer
Sanitary sewer
