1379 3RD AVENUE EAST

Owen Sound, , N4K2L8, Canada

$398,500

NOW OFFERING VACANT POSSESSION ON THE MAIN FLOOR. PICK YOUR OWN TENANT, SET YOUR OWN RENTAL RATE. Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with an annual rental income of $40,000 last year. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market.

EXTRAS: Washer, Refrigerator, Stove, Dryer, Water Heater

Last updated on : Tuesday 8th of July 2025 11:50:45 AM

ADDRESS

Street : 1379 3RD AVENUE EAST

City : Owen Sound

Country : Canada

Postal Code : N4K2L8

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PROPERTY SUMMARY

Property ID : X12218010

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 5

Bathrooms : 2

Parking : 5

Parking Type: No Garage

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