$460,000
$512,000
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728 8th Street E Owen Sound, ON N4K 1L9
5 Beds
4 Baths
3,500 SqFt
Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $131
MLS Listing ID 40352659
Sold Date 02/19/23
Bedrooms 5
Abv Grd Liv Area 3,500
Originating Board Grey Bruce Owen Sound
Year Built 1870
Annual Tax Amount $4,588
Property Description
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!!
Location
Province ON
County Grey
Area Owen Sound
Zoning R1-7
Direction Located on 8th St. E. about halfway up the hill on the north side of the road.
Rooms
Other Rooms Shed(s)
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Refrigerator, Stove
Laundry Multiple Locations
Exterior
Exterior Feature Landscaped
Parking Features Unassigned, Gravel
Roof Type Asphalt Shing
Porch Porch
Lot Frontage 94.0
Lot Depth 208.5
Garage No
Building
Lot Description Urban, Hospital, Schools
Faces Located on 8th St. E. about halfway up the hill on the north side of the road.
Story 2.5
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2.5
Structure Type Brick, Wood Siding
New Construction No
Others
Senior Community false
Tax ID 370710072
Ownership Freehold/None
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