$1,670,000
bed
0bath844 2nd Avenue, Owen Sound, ON N4K 2H3
Price Comparison
Property Description
Property type
Commercial Retail
Lot size
N/A
Style
Approx. Area
N/A
About 844 2nd Avenue
8-Plex with the potential to convert it into a 9-Plex with approval from the city. Listed at potential 8.5% Cap Rate! 6 recently updated apartments and 2 commercial units. 3 1-bedroom units, 3 2-bedroom units. One vacant commercial unit which could be split in half and one rented commercial unit. All 6 apartments are vacant upon possession so you can set your own rate and pick your own tenants or use the space yourself. Potentially over 75% residential threshold. New Windows (2025), New Roof (2024), Light Fixtures, Kitchen Fixtures, Bathroom Fixtures, New Paint, New Flooring, Some new drywall, all replaced within past 6 months.
Home Overview
Last updated
1 hour ago
Virtual tour
None
Basement information
Building size
8160
Status
In-Active
Property sub type
Commercial Retail
Maintenance fee
$N/A
Year built
--
Additional Details
MORTGAGE INFO
ESTIMATED PAYMENT
Location
Some information about this property - 2nd Avenue
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