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:4069)
| Address |
1825 6TH Avenue W |
| List Price |
$3,990,000 |
| Property Type |
Multi-family |
| Area |
Ontario |
| Sub-Area |
Owen Sound |
| Floor Area |
22,500 Sq. Ft. |
| MLS® Number |
40509075 |
| Listing Brokerage |
ROYAL LEPAGE RCR REALTY Brokerage (OS)
| HOMELIFE BAYSIDE REALTY LTD Brokerage
|
| Basement Area |
None |
| Postal Code |
N4K5Y9 |
| Zoning |
MR, ZH |
| Site Influences |
Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping |
| Features |
Laundry- Coin operated |
