1825 6TH Avenue W , Owen Sound Ontario N4K5Y9

Sale $3,990,000  | 
Listing # 40509075
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Office Listing:

Ron Downs, Sales Representative

Yvonne Devins,MBA

Yvonne Devins,MBA

Sales Representative

Phone: 905.857.0651
Fax: 905.857.4566

adevins@rogers.com
www.yvonnedevins.com

Royal LePage RCR Realty, Brokerage (Independently owned and operated)

Brokerage

12612 HIGHWAY 50
Bolton,  ON L7E1T6

Remarks:

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:27)

Investment

Lot Frontage: 128.0 Feet
No. of Parking Spaces: 26
Floor Space (approx): 22500.00
Zoning: MR, ZH

Property Features:

Access Type: Road access
Amenities Nearby: Hospital , [] , Playground , Public Transit , Schools , Shopping
Community Features: Quiet Area
Features: Laundry- Coin operated
Ownership Type: Freehold
Property Type: Multi-family
Sewer: Municipal sewage system

Building Features:

Basement Type: None
Cooling Type: Wall unit
Exterior Finish: Brick
Heating Fuel: Natural gas