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982 1st Street W Owen Sound, Ontario N4K 4K5

7 Bedroom 2 Bathroom 2800
Fireplace Central Air Conditioning Forced Air

$699,900

Turn Key investment opportunity in the heart of the River District, downtown Owen Sound! Solid 3 storey red brick commercial building featuring a gorgeous renovated 2 bedroom main floor apartment and a 5 bedroom upper unit. A longtime tenant operates a successful hair salon in the separate commercial space at the rear. This building is economical to operate and the rents are well stabilized, it sports an impressive 6.7% CAP rate making this a great addition to your portfolio. (id:43978)

Property Details

MLS® Number 40283889
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Public Transit, Shopping
Features Visual Exposure, Park/reserve
Parking Space Total 5

Building

Bathroom Total 2
Bedrooms Total 7
Appliances Window Coverings
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Smoke Detectors, Alarm System
Fireplace Present Yes
Fireplace Total 1
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2800
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 146 Ft
Size Frontage 33 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1

https://www.realtor.ca/real-estate/24586339/982-1st-street-w-owen-sound

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