$479,000 FOR SALE

Triplex

Bedrooms: 5Bathrooms: 4Lot: 35 x 208 ft

537 8th Street E
Owen Sound, ON N4K 1L7

Welcome to this timeless 2-story red brick triplex, perfectly situated on the East Side of beautiful Owen Sound! This well-maintained property offers an excellent investment opportunity or a spacious home for multi-generational living. The classic red brick facade exudes character, combining historical charm with modern living potential. Each of the three units has been thoughtfully designed to offer comfort and privacy, boasting its own private entrance and distinct living space. The main floor unit features an inviting layout with one generously sized bedroom, a cozy living room, and a well-appointed kitchen. Upstairs, the second unit offers an equally comfortable living arrangement, including three bright bedrooms and an updated kitchen with ample storage. The third unit, tucked away at the lower side of the property, offers a private one-bedroom apartment, perfect. This triplex offers incredible versatility for investors or homeowners. Rent out all three units for strong cash flow or live in one while tenants contribute to your mortgage. Located in a quiet, established neighbourhood of Owen Sound, this property is within walking distance to local shops, restaurants, parks, and the picturesque Georgian Bay waterfront. With 3 parking spots and close proximity to all amenities, this triplex is a rare find in a prime location. Don't miss out on this outstanding opportunity to own a piece of Owen Sound’s architectural history while enjoying excellent rental income potential. (id:47423)

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Listed By RE/MAX GREY BRUCE REALTY INC Brokerage (OS)
Data Provided By OnePoint - Grey Bruce Owen Sound
MLS® Listing Number 40659725
Last Updated Oct 08, 2024
Property Summary
Property Type Triplex

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Subdivision Owen Sound
Price History
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Detailed Information
Bedrooms 5
Bathrooms 4
Lot 35 x 208 ft
Amenities Nearby Hospital, Park, Place of Worship, Playground, Schools, Shopping
Equipment Water Heater
Features Shared Driveway
Listing Contract Date 2024-10-08
Location Description 537 8th St. E look for sign
Ownership Type Freehold
# of Parking Spaces 3
Property Type Multi-family
Rental Equipment Water Heater
Structures Shed, Porch
Transaction Type For sale
Zoning Description RS1 ZH2
Building
Basement Development Partially finished
Basement Type Partial (Partially finished)
Constructed Date 1905
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Baseboard heaters
Stories Total 2
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Hospital, Park, Place of Worship, Playground, Schools, Shopping
Sewer Municipal sewage system

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