2 Days on Market

502 9th St, Owen Sound, Ontario N4K 3P2

$549,900
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Townhouse
-
2
~2670 sqft

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Highlights

Estimated Value$481,000*

Price/Sqft$205/sqft

Days On Market2 days

Est. Mortgage$2,362/mth

Tax Amount (2023)$2,794/yr

*Last updated on: 24/05/15

Description

Discover Investment Excellence at 502-504 9th Street Experience a prime opportunity with this charming brick duplex, ideally positioned moments from schools, parks, and the vibrant heart of downtown. Boasting spacious units, extensive upgrades, and impressive rental income, this property is a standout investment or a smart buy for first-time homebuyers seeking additional revenue. Property Highlights: Location: Nestled in a desirable area close to essential amenities and leisure spots. Configuration: Up/down duplex with a total of 6 bedrooms and 2 bathrooms across both units. Outdoor Living: Each unit features its unique outdoor space - a newly built deck for the main floor and a rooftop deck for the upstairs unit, perfect for relaxation or entertaining. Recent Upgrades: Commitment to quality is evident with a new furnace and water heater installed in 2019, a new roof in 2020, and eavestroughs added in 2021. Both units also enjoy updated plumbing and electrical systems, ensuring hassle-free ownership. Income Generating: Currently fetching $3950 in monthly rent plus utilities, presenting a lucrative cash flow opportunity. Utility Enhancements: Shared laundry facilities in the basement, with provisions available to add a second washer and dryer set, offering convenience for tenants Electrical & Safety: The property is modernized with separate 100amp panels for each unit. This duplex exemplifies a blend of vintage charm and modern convenience, yielding an attractive option for investors keen on immediate returns or first-time buyers looking for a property with supplemental income potential. Seize the opportunity to enrich your portfolio with 502-504 9th Street - where investment meets innovation. For inquiries and to arrange an exclusive viewing, contact us today. Propel your investment journey in a location designed for success.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2670 SqFt
Lot Size5,100 SqFt(60 x 85)
Parking Spaces5
MLS ®Number40589344
Community NameOwen Sound
Board NameITSO

Features

Heating: Forced Air, Wall Furnace
Cooling: Wall Unit(s)
Basement: Partial, Unfinished

Features

Lot size: 5,100 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Now
Listed for$549,900
2 days on market
history photo preview30
Now
Listed for$549,900
2 days on market
history photo preview35
May 14, 2024
Listed for$569,000Terminated
19 days on market
history photo preview28
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Property listed by KELLER WILLIAMS INNOVATION REALTY, Brokerage
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