Are you looking to purchase a cash flowing 4plex in the heart of Owen Sound? This property generates roughly $89,800 a year. This property includes 3- 2 bedroom units and 1-1 bedroom unit with shared coin laundry. Each unit has a private outdoor space with access to a large shared yard. Parking for 8 cars on the property. Each unit has a owned hot water tank with 2 replaced in 2024 plus one for the common area with the laundry. Roof was replaced in 2024. New appliances 2024. New flooring, paint and some windows replaced 2024. 5 separate hydro meters, |
Price | $999,000 |
Taxes: | $5700.00 |
Assessment: | $313000 |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 745 4TH AVENUE EAST Ave , Owen Sound, N4K 2N5, Ontario |
Postal Code: | N4K 2N5 |
Province/State: | Ontario |
Legal Description: | NORTH HALF OF LOT 16 EAST OF MURDOCH STR |
Lot Size: | 47.50 x 208.50 (Feet) |
Directions/Cross Streets: | From 10th street E turn onto 4th Ave E. Follow 4th Ave E to 745 building will be on the left side. |
Total Area: | 5100.00 |
Total Area Code: | Sq Ft |
Area Influences: | Park Public Transit |
Insurance Expense: | $2700 |
Hydro Expense: | $1300 |
Operating Expenses: | $14800 |
Net Income Before Debt: | $89800 |
Expenses Actual/Estimated: | $Est |
Washrooms: | 0 |
Heat Type: | Baseboard |
Central Air Conditioning: | Wall Unit |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 IN-STUDIO REALTY INC., Brokerage (P.E.) |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Grey County |
Municipality: | Owen Sound |
Neighbourhood: | Owen Sound |
Lot Size: | 47.50 x 208.50(Feet) |
Tax: | $5,700 |
Maintenance Fee: | $1,500 |