$564,900
Available - For Sale
Listing ID: X11975459
855 5TH A Aven East , Owen Sound, N4K 2T1, Grey County
| Attention Investors : Great Cap Rate ! Well maintained Triplex in a quiet residential area of Owen Sound with excellent existing tenants. Great location and easy walking distance to downtown, Rec Center, College and the Hospital. Features a main floor 2 bedroom unit, 2nd floor 2 bedroom unit and a 3rd floor 1 bedroom unit. (see documents for floor plans) Upgrades include Centennial Windows (2014), Hygrade Steel Roofing System (2013), Viessman Boiler and Hot Water Tank (2015). Separate hydro meters. Tenants pay hydro. Current rents are 1) Main floor - $1800 plus *Will be vacant April 1/25 * , 2) 2nd floor - $1418.34 plus and 3) 3rd floor - $1400 plus |
| Price | $564,900 |
| Taxes: | $3916.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 855 5TH A Aven East , Owen Sound, N4K 2T1, Grey County |
| Postal Code: | N4K 2T1 |
| Province/State: | Grey County |
| Legal Description: | LT 7 PL 176 OWEN SOUND; SLY 23 FT LT 6 P |
| Directions/Cross Streets: | 5th Ave A E and 8th St A E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2740.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Recreation/Comm Public Transit |
| Net Income Before Debt: | $42285 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
| Sewers: | Sanitary |
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| Sutton-Sound Realty |
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At a Glance:
| Type: | Com - Investment |
| Area: | Grey County |
| Municipality: | Owen Sound |
| Neighbourhood: | Owen Sound |
| Tax: | $3,916 |
| Fireplace: | N |
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