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1379 3rd Avenue Image 1

$398,500

1 day agoDuplex For Sale
bedrooms5bed
washrooms8bath
MLS - #X12218010

1379 3rd Avenue, Owen Sound, ON N4K 2L8

2
Similar Homes Found
$509,450
Average Price
-21.8%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Duplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

About 1379 3rd Avenue

Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with tenants in place and an annual rental income of $40,000. 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.

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Listed by Keller Williams Realty Centres

Additional Details

Basement:Unfinished
Cooling:None
Heating:Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 1379 3rd Avenue

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