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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$375,000
Available - For Sale
Listing ID: X13452260
Affordable duplex investment opportunity in Owen Sound with built-in upside potential. Situated on a large in-town lot, this property features two spacious three-bedroom units, a walkout basement with future potential, and a detached barn/workshop building.One unit was extensively renovated in 2022 with updated flooring, kitchen, bathroom, and finishes throughout, while the building's electrical system was also completely updated in 2022. This unit is currently rented at $1,600 per month inclusive.The other three-bedroom unit could be vacant on closing, providing an excellent opportunity for an investor to renovate and set market rent, or for an owner-occupier looking to offset living costs. The unit requires updating, including flooring, kitchen improvements, and some ceiling repairs.A unique feature of this property is the existing billboard lease generating approximately $800 per year in additional income. The detached barn/workshop offers additional storage or workspace but will require renovation and updating. The walkout basement adds another layer of potential for buyers looking to maximize the property's utility and long-term value.With strong income potential, a unit ready for improvement, billboard revenue, and multiple opportunities to add value, this property is well suited for investors, contractors, or buyers looking to build equity through renovations.
Price $375,000
Taxes: $2,645
Assessment Year: 2025
Occupancy by: Owner+T
Address: 1700 3rd Avenue East , Owen Sound, N4K 2L9, Grey County
Directions/Cross Streets: 3rd Ave E & 17th St E
Rooms: 16
Bedrooms: 5
Bedrooms +: 0
Washrooms: 4
Family Room: T
Basement: Walk-Out
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Foyer 4.76 3.94
Room 2: Main Living Ro 14.79 9.81
Room 3: Main Bathroom 12.63 4.33
Room 4: Main Kitchen 12.43 11.81
Room 5: Main Primary B 15.61 11.81
Room 6: Main Bedroom 12.92 9.48
Room 7: Basement Bathroom 7.12 6.92
Room 8: Basement Family Ro 25.98 14.37
Room 9: Second Living Ro 19.78 8.46
Room 10: Second Bathroom 8.63 5.15
Room 11: Second Dining Ro 12.43 10.43
Room 12: Second Kitchen 12.46 10.92
Room 13: Second Bedroom 9.94 8.43
Room 14: Second Bathroom 5.54 4.53
Room 15: Second Bedroom 11.45 5.54
No. of Pieces Level
Washroom 1:  3
Washroom 2:  4
Washroom 3:  5
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3
Washroom 7:  4
Washroom 8:  5
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3
Washroom 12:  4
Washroom 13:  5
Washroom 14:  0
Washroom 15:  0
Washroom 16:  3
Washroom 17:  4
Washroom 18:  5
Washroom 19:  0
Washroom 20:  0
Property Type: Duplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Century 21 Millennium Inc.

1700 3rd Avenue East , Owen Sound, N4K 2L9, Grey County

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Duplex
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style: 2-Storey
Lot Size: x 105.00(Feet)
Approximate Age:
Tax: $2,645
Maintenance Fee: $0
Beds: 5
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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