900 2nd Avenue W

900 2nd Avenue W in Owen Sound - 8 bedroom, 5 bathroom. Listed at $1,072,000.

Embark on an exceptional investment journey with this property in the River District/Downtown, offering not just lucrative potential but the possibility of a home base if you choose to reside in one of its units while renting out the rest. Additionally, the commercial unit presents an opportunity to run a business right at your doorstep. This classic Victorian residence exudes charm and character at every corner, enhanced by its high ceilings and open, well-laid-out units. Extensive renovations have revitalized its allure, ensuring its timeless appeal. With four fully leased residential units and one rented commercial space, this property stands as a beacon of investment potential, impeccably maintained and ready for profitability. Nestled amidst the scenic beauty of Owen Sound, residing here offers a lifestyle marked by tranquility and convenience. Explore charming local shops, savor culinary delights at nearby restaurants, and immerse yourself in the rich cultural fabric of the community. With picturesque parks, breathtaking waterfront views, and a welcoming atmosphere, Owen Sound epitomizes the essence of small-town living with modern amenities. Seize the opportunity to own a piece of this vibrant locale, where each day holds new possibilities for exploration and enjoyment. Building gross revenue (rent + coin laundry) $94,616.75.

Property Details

• Property Type: Mortgage
• Style: Other
• Square Footage: 4250 sqft
• Basement: Full
• Heating: Gas
• Cooling: Wall Unit(s)
• Parking: 10 spaces
• Property Taxes: $7,060/yr
• Neighbourhood: Owen Sound
• Postal Code: N4K 4M5

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