847 5TH AVENUE A E

Owen Sound Ontario N4K2R9

$289,000

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Address

Street Address
847 5TH AVENUE A E
City
Owen Sound
Province
Ontario
Postal Code
N4K2R9
Country
Canada

Property Features

Listing ID
136191
Ownership Type
Freehold
Property Type
Multi-family

Property Description

IMPROVED PRICING NOW 7.8% cap rate....Calling all investors. Triplex in the heart of the city. 3 x 1 bedroom apartments. Strong positive cash flow from day one. 675 plus hydro for 3rd floor 800 plus hydro second floor 950 including hydro first floor (come Nov. 1st) $2425/month and $29,100/year (with the new tenants in apt 2 and 3, there will be less overall utility costs for expenses from 2017 as apt 2 and 3 will pay their own hydro) (id:2494)

Property Details

ID
19607938
Equipment Type
None
Location Description
847 5TH AVE A EAST
Parking Space Total
2
Price
289,000
Rental Equipment Type
None
Transaction Type
For sale
Zoning Description
333 3 SELF CONTAINED

Building

Bathroom Total
3
Appliances
Washer, Dryer, Refrigerator
Architectural Style
Multi-Unit
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Constructed Date
1905
Cooling Type
None
Exterior Finish
Brick
Fire Protection
Smoke Detectors
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Hot water radiator heat, Radiant heat
Stories Total
2.50
Size Interior
1480 sqft
Type
Multi-Family

Room

Type
3pc Bathroom
Level
Second level

Type
3pc Bathroom
Level
Third level

Type
3pc Bathroom
Level
Ground level

Land

Size Total Text
under 1/2 acre
Size Frontage
86 ft
Sewer
Municipal sewage system
Size Depth
112 ft

Utility

Type
Cable
Description
Available

Listing Office: RE/MAX GREY BRUCE REALTY INC Brokerage (OS)