271 7th Street E, Owen Sound, ON N4K 1H8

$529,000
6
BD
3
BA
3,000
SqFt

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List Price
$529,000
MLS#
X13776794
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
6
Bathrooms
3
Living Area
3000-3500
Province
ON
Municipality
Owen Sound
Area
Grey County
Neighborhood
Owen Sound
Subdivision
2nd Ave East & 7th Street East

Property Description

Exceptional Investment Opportunity: Versatile Duplex in the River District. Maximize your real estate portfolio with this strategically located Duplex, offering an ideal setup for a "house-hacking" owner-occupant or a seasoned investor. The main house features a spacious, functional layout with five bedrooms, 2 bathroom, 2 Laundry rooms, 2 kitchens & 2 living rooms. The separate entrance and layout provide the potential for converting the home into two separate units, providing three units of possible rental income. The home offers an abundant of natural light, and large bedrooms, making it a perfect primary residence while the additional rear unit contributes directly to your mortgage. The back apartment, accessible through the fenced in yard, offers main floor living. This is a 1-bedroom unit, with a bathroom, kitchen, living area & laundry facilities. This property is located steps away from the vibrant Downtown River District. Enjoy immediate access to local boutiques, cafes, and the farmers' market. With its proximity to Georgian College and major transit routes, this location ensures a consistent draw for quality tenants. All room sizes are approximate. Experience the benefits of multi-unit ownership in one of Grey County's most stable rental markets. This home has been well maintained, and is move in ready!

Additional Information

Taxes
$4,602
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air, Window Unit(s)
Kitchens
3
Exterior
Brick, Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
4

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Royal LePage RCR Realty.