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. (id:35544)
| MLS® Number | X12218010 |
| Property Type | Multi-family |
| Community Name | Owen Sound |
| AmenitiesNearBy | Hospital, Schools, Public Transit, Park |
| CommunityFeatures | School Bus, Community Centre |
| ParkingSpaceTotal | 5 |
| Structure | Patio(s), Porch |
| BathroomTotal | 2 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| LandAmenities | Hospital, Schools, Public Transit, Park |
| Sewer | Septic System |
| SizeDepth | 176 Ft |
| SizeFrontage | 36 Ft |
| SizeIrregular | 36 X 176 Ft |
| SizeTotalText | 36 X 176 Ft |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
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