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MLS® X13452260

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $2,645
Days Active 2
Lot Size 
Approx. Age 
MLS® Number X13452260

Property Address: 1700 3rd Ave E, Owen Sound, ON, N4K2L9

Average square foot calculated using Size range provided by listing agent.

Description

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. (id:58753)Show Description
MLS® NumberX13452260
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFull, Walk out
DrivewayNo Garage
Garage Spaces
HeatForced air, Natural gas
A/CNone

Extras

Rooms

Show Details
Family Room:Basement4.38 × 7.92 ft
Kitchen:Main Floor3.6 × 3.79 ft
Bathroom 4:Second Floor1.57 × 2.63 ft
Master Bedroom:Main Floor3.6 × 4.76 ft
Other:Main Floor1.2 × 1.45 ft
Bathroom 2:Main Floor1.32 × 3.85 ft
Bathroom 3:Basement2.11 × 2.17 ft
Bathroom 1:Second Floor1.38 × 1.69 ft
Living Room:Second Floor2.58 × 6.03 ft
Dining Room:Second Floor3.18 × 3.79 ft
Bedroom 1:Main Floor2.89 × 3.94 ft

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1700 3Rd Ave E, Owen Sound, ON

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