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728 8th Street E Owen Sound, Ontario N4K 1L9

5 Bedroom 4 Bathroom 3500
Central Air Conditioning Forced Air

$512,000

Excellent investment opportunity! Take a look at this perfectly located spacious triplex. Very walkable and convenient to get downtown, Georgian College, the hospital, even a bus stop next door. A private driveway leads to a parking area with room for at least 6 cars plus a very large landscaped backyard great for outdoor living. Are you a first time buyer? Great! Live in one of the units and let the other two pay the mortgage! The entrance to the biggest unit is off the parking area and is currently owner occupied. It has a half bathroom on the main floor, a large living/dining room, 3 season sun room, two bedrooms and a full bathroom on the second floor. Rooms are large with high ceilings. It also has access to the basement which is where the laundry hookup is for that unit. Estimated rent would be about $1700 plus hydro. The one bedroom, 1 bathroom unit is on the main floor with an entrance on the east front corner. It is currently rented at $750 plus hydro. The second two bedroom unit is on the second floor (access around the corner on the east side). It has been rented to long term tenants for $795 plus hydro. Both tenants are currently paying month to month and there are separate hydro meters for each of the apartments. The potential here is fantastic!! (id:43787)

Property Details

MLS® Number 40352659
Property Type Multi-family
Amenities Near By Hospital, Schools
Equipment Type Furnace, Water Heater
Features Crushed Stone Driveway
Rental Equipment Type Furnace, Water Heater
Structure Shed, Porch

Building

Bathroom Total 4
Bedrooms Total 5
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1870
Construction Material Wood Frame
Cooling Type Central Air Conditioning
Exterior Finish Brick, Wood
Fire Protection None
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3500
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Schools
Sewer Municipal Sewage System
Size Depth 208 Ft
Size Frontage 94 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1-7

https://www.realtor.ca/real-estate/25095889/728-8th-street-e-owen-sound

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