1100 4th Avenue E,Owen Sound, ON N4K 2P2
Owen Sound, ON N4K 2P2
Description
Updated East Side Duplex - Vacant & Ready for Your Tenants. Welcome to this recently renovated up-and-down duplex located on the east side of Owen Sound. Offering two spacious 2-bedroom, 1-bathroom units, this property is an excellent opportunity for investors, house hackers, or buyers looking to add a turnkey income property to their portfolio. The main floor features a freshly updated 2-bedroom, 1-bathroom unit with brand-new LVP flooring throughout, a completely renovated bathroom with a tub/shower combination, plenty of natural light from an abundance of windows, and a spacious living room. The upper unit has also been freshly updated and offers 2 bedrooms, 1 bathroom, and the added bonus of a bright second-storey sunroom - a great space to enjoy your morning coffee, create a home office, or simply relax.Both units feature their own in-suite laundry, providing added convenience for tenants. The property is equipped with separate gas and hydro meters for each unit, allowing tenants to pay their own utilities and simplifying ownership. There is also parking for four vehicles, adding further convenience and rental appeal. The building's flat roof membrane was replaced in 2022, providing an important recent capital improvement for the property. With renovations recently completed, the building is completely vacant and ready for you to choose your own tenants and set the rents. Estimated market rent is approximately $1,700 + gas and hydro per unit, representing potential gross rental income of approximately $40,800 annually and an estimated 7% cap rate. A turnkey duplex with fresh updates, separate utilities, in-suite laundry, parking for four, and immediate rental potential - an excellent opportunity to add a renovated income property to your portfolio.
Details
| MLS # | X13662380 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 90 |
| Listing Provided By | Sutton-Sound Realty | X13662380 572800 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.05 |
Interior
| Interior Features | Water Heater Owned |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Membrane |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Double |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3116 |
|---|---|
| Tax Legal Description | PT LT 8 W/S HILL ST PL 39 OWEN SOUND AS IN R439113; OWEN SOUND |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Grey County |
| City | Owen Sound |
| Postal Code | N4K 2P2 |
| Area | Owen Sound |
| Listing VS Median (in N4K 2P2) | |
Price: $419,900 low | high Med: $0 On site: 90 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Grey County |
| City | Owen Sound |
| Postal Code | N4K 2P2 |
| Area | Owen Sound |
| Listing VS Median (in N4K 2P2) | |
Price: $419,900 low | high Med: $0 On site: 90 low | high Med: | |
