844 2ND AVENUE E new

Owen Sound,ON N4K2H3

$ 1670000

- Bed

8 Baths

8160 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,160 sqft

Price per Sqft $204

Subdivision Owen Sound

MLS Listing ID X12211237

Lot Size 4,835 Sqft

Acres 0.111

Source Ottawa Real Estate Board

Property Description

8-Plex with the potential to convert it into a 9-Plex with approval from the city. Listed at potential 8.5% Cap Rate! 6 recently updated apartments and 2 commercial units. 3 1-bedroom units, 3 2-bedroom units. One vacant commercial unit which could be split in half and one rented commercial unit. All 6 apartments are vacant upon possession so you can set your own rate and pick your own tenants or use the space yourself. Potentially over 75% residential threshold. New Windows (2025), New Roof (2024), Light Fixtures, Kitchen Fixtures, Bathroom Fixtures, New Paint, New Flooring, Some new drywall, all replaced within past 6 months. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Hot water radiator heat

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

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