3 - 537 8TH STREET E, Owen Sound, Ontario
$479,000
- 5 Beds
- 4 Baths
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 apartment has been renovated and completely paintedincluding 10 pot-lights, a stackable washer & dryer and a walk in bathtub. This unit features an inviting layout with one generously sized bedroom, a cozy living room, and a well-appointed kitchen. The upper 2 floor apartment has also been recently renovated with solid oak doors and trim. The unit offers an equally comfortable living arrangement, including three bright bedrooms and an updated kitchen with ample storage and a balcony that stretches out along the front of the building. This apartment would make a great principal residence with rental income from the other two apartments. The third unit, tucked away at the lower side of the property, offers a private one-bedroom apartment. 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. All windows have been recently replaced as well as a new steel roof. Each apartment has its own breaker panel & hydro meter. With 3 parking spots and close proximity to all amenities, this triplex is a rare find in a prime location. All the existing tenants would love to stay as tenants. 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:56241)
- Listing ID: X12035639
- Property Type: Multi-family
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Listing provided by RE/MAX Grey Bruce Realty Inc.
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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 3 - 537 8TH STREET E in Owen Sound Ontario. It was last modified on March 21st, 2025. Contact the Dave Dick Real Estate Team to schedule a viewing or to discover other Owen Sound real estate for sale.