Located just on the edge of Owen Sound, this well-maintained triplex is a smart addition to any investors portfolio. With a strong tenant base already in place and a solid 6.4% cap rate, this property offers immediate cash flow and long-term potential. Each unit is thoughtfully laid out, and the overall condition speaks to pride of ownership. If you're looking for a reliable income-producing asset in a growing market this is it.
Address
679 2nd Avenue E
List Price
$650,000
MLS® Status
Extension
Expiration Date
2025-11-30
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Owen Sound
Region
Grey County
Lot Size Source
MPAC
Lot Depth
138
Lot Type
Lot
Lot Size Units
Feet
Lot Width
35
Parcel Number
370680132
Total Building Area
2377
Occupant Type
Tenant
Cross Street
7th Street East nearest cross Street
MLS® Number
X12268340
Listing Brokerage
Real Broker Ontario Ltd
Postal Code
N4K 2G7
Posession Details
Flexible - Tenants Must Be Assumed
Parking Spaces
4
Tax Amount
$3,954.00
Tax Year
2024
Site Influences
Public Transit
Community Features
Public Transit
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Type
Gas Hot Water
Cooling Features
No
Garage Type
None
Tax Legal Description
PT LT 20 E/S POULETT ST PL OWEN SOUND AS IN R330638 S/T & T/W R330638; OWEN SOUND