1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound
  • 1379 3RD AVENUE E Owen Sound

1379 3RD AVENUE E, Owen Sound, Ontario

$398,500

  • 5 Beds
  • 2 Baths

TURN-KEY DUPLEX WITH 8.5% CAP RATE. SOLID CASH FLOW IN A STRONG RENTAL MARKET. Looking for a reliable, income-producing property? This legal duplex is the definition of a smart investment, generating over $41,000 in annual rental income with an unheard of 8.5% cap rate. At 20% down, you'll earn back your initial investment in just 23 months. Both units are separately metered, well maintained, and tenants pay their own hydro, keeping your overhead low. The solid brick two-storey home features a spacious 3-bedroom main floor unit and a bright 2-bedroom upper unit, making it a desirable rental in a market with consistent demand. Whether you're a seasoned investor or just getting started, this property offers immediate cash flow, long-term stability, and a low-maintenance path to building wealth in the heart of Owen Sound. Opportunities like this don't come around often. Invest smart and watch your portfolio grow. (id:56241)

  • Listing ID: X12218010
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Hospital, Schools, Public Transit, Park
  • Community Features: School Bus, Community Centre
  • Parking Spaces: 5
  • Structure: Patio(s), Porch
  • Transaction: For sale

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 5
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1500 - 2000 sqft
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Schools, Public Transit, Park
  • Sewer: Septic System
  • Size Frontage: 36 ft
  • Size Irregular: 36 x 176 FT
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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 us to schedule a viewing or to discover other Owen Sound real estate for sale.

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