1379 3RD AVENUE E, Owen Sound, Ontario
$398,500
- 5 Beds
- 2 Baths
Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with tenants in place and an annual rental income of $40,000. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market. (id:56241)
- Listing ID: X12218010
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1379 3RD AVENUE E in Owen Sound Ontario. It was last modified on June 13th, 2025. Contact the Dave Dick Real Estate Team to schedule a viewing or to discover other Owen Sound real estate for sale.