1825 6th Avenue W Owen Sound, Ontario N4K 5Y9
$4,140,000
Rare opportunity! This purpose built three storey brick walk up apartment building is located in a quiet residential neighbourhood in beautiful Owen Sound. Backing onto a ravine, this full brick on slab rental complex features 17 - 2bed 1bth apartments, and 6 - 1bd 1bth apartments with balconies. Well maintained,the property has an onsite live in Superintendant. Heating is with a gas boiler system that features a solar panel preheat system (2013). Wiring is aluminum - ESA certificate is available. Property is on municipal water and sewer. Coin op laundry in the building. Property features plenty of outside parking space. Units have been updated between each vacancy. Common areas have been updated with LED lighting, updated flooring (2023), doors replaced (2022), and updated entrance (2022). Balconies are in good condition - engineers report available. One deck will be replaced. Good income with long term tenants. The property is fully leased. Full financials will be provided upon conditional offer. (id:52042)
Property Details
MLS® Number | 40509075 |
Property Type | Multi-family |
Amenities Near By | Hospital, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Community Features | Quiet Area |
Features | Laundry- Coin Operated |
Parking Space Total | 26 |
Building
Basement Type | None |
Cooling Type | Wall Unit |
Exterior Finish | Brick |
Heating Fuel | Natural Gas |
Stories Total | 3 |
Size Interior | 22500 |
Utility Water | Municipal Water |
Land
Access Type | Road Access |
Acreage | No |
Land Amenities | Hospital, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Frontage | 128 Ft |
Size Total Text | 1/2 - 1.99 Acres |
Zoning Description | Mr, Zh |
https://www.realtor.ca/real-estate/26261287/1825-6th-avenue-w-owen-sound
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