502 9TH STREET W Owen Sound

502 9TH STREET W, Owen Sound, Ontario

$549,900

  • 7
  • 2
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. (id:23309)
  • Listing ID: X8339842
  • Property Type: Single Family
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Rooms

LevelTypeDimensions
Second LevelBedroom3.37 m x 3.96 m
Second LevelBedroom 24.18 m x 3.29 m
Second LevelKitchen3.65 m x 3.35 m
BasementBedroom 43.77 m x 4.1 m
Ground LevelKitchen4.48 m x 3.62 m
Ground LevelBathroom2.18 m x 1.9 m
Ground LevelDining Room4.17 m x 3.56 m
Ground LevelLiving Room4.17 m x 3.75 m
Ground LevelBedroom3.39 m x 2.64 m
Ground LevelBedroom 23.41 m x 2.64 m
Ground LevelBedroom 33.64 m x 2.46 m
Ground LevelDen3.07 m x 4.06 m

Details

  • Parking Spaces: 5
  • Transaction: For sale

Building

  • Appliances: Refrigerator, Stove, Two stoves
  • BasementType: N/A (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 6
  • Bedrooms Lower Level: 1
  • Cooling: Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: True
  • Foundation: Stone
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Irregular: 85 x 62 FT

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    This property for sale, located at 502 9TH STREET W in Owen Sound, was last modified on May 15th, 2024. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in Owen Sound.

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