844 2nd Avenue E, Owen Sound, ON N4K 2H3

Owen Sound N4K 2H3 Ontario

MLS: X12211237

$1,499,999

Added 41 days ago | For Sale

Listed by: COMFREE

About Property

8-Plex with the potential to convert it into a 9-Plex with approval from the city. Listed at potential 8.5% Cap Rate! 6 recently updated apartments and 2 commercial units. 3 1-bedroom units, 3 2-bedroom units. One vacant commercial unit which could be split in half and one rented commercial unit. Potentially over 75% residential threshold. New Windows (2025), New Roof (2024), Light Fixtures, Kitchen Fixtures, Bathroom Fixtures, New Paint, New Flooring, Some new drywall, all replaced within past 6 months.

Features

  • House Style:Commercial Retail
  • Bathrooms:8
  • Land Size: 30.9 X 160.8
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:2nd Avenue East & 8th Street East
  • Basement: ,
  • Possession Date:Anytime
  • Annual Property taxes: $9830.08
  • Bedrooms:
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Water Radiators
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12211237

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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