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527 8th St A E Owen Sound, Ontario N4K 1N1

5 Bedroom 2 Bathroom 1920 sqft
None Forced Air

$515,000

Investor's Dream! Discover the perfect opportunity for an income-generating property in a prime location! This impressive and spacious duplex, nestled in a quiet, family-friendly neighborhood just steps from a wonderful community park with playground, offers an ideal setup for an owner-occupied investment. Rear unit is currently vacant and front unit set to be vacant Dec 1 making this the perfect opportunity to set your own market rents! The front unit boasts the original 2-story, 3-bedroom home, filled with character and charm. A rear addition provides a comfortable 2-bedroom, 2 level apartment with private rear yard access. This intelligent front-to-back design ensures maximum privacy, with no tenants above or below each other, creating a higher degree of separation and enjoyability for all. Separate living spaces: Enjoy the convenience and privacy of two distinct units. Modern updates: The rear unit has been freshly updated with new vinyl floors, paint, baseboards, trim, doors, and bathroom fixtures. Peace of mind: The front unit features a new roof (2023) and windows (approx. 2000), while the rear unit boasts newer shingles (2014) and furnace (2013). Cost-effective living: Both units feature in-unit laundry and separate gas and hydro meters, allowing for efficient cost management. Ample parking: Enjoy side-by-side parking with room for 4 cars. Outdoor oasis: Relax and unwind in the private backyard. Prime location: Steps from a beautiful park, with its lush greenery, playground, and open greenspace. Don't miss out on this incredible investment opportunity! Contact your REALTOR® today to schedule a viewing. (id:44738)

Property Details

MLS® Number 40655644
Property Type Multi-family
AmenitiesNearBy Park, Place Of Worship, Playground, Public Transit
CommunityFeatures Quiet Area, School Bus
ParkingSpaceTotal 4

Building

BathroomTotal 2
BedroomsTotal 5
BasementDevelopment Unfinished
BasementType Full (unfinished)
CoolingType None
ExteriorFinish Brick, Metal
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1920 Sqft
Type Duplex
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Park, Place Of Worship, Playground, Public Transit
Sewer Municipal Sewage System
SizeDepth 82 Ft
SizeFrontage 49 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R4

https://www.realtor.ca/real-estate/27496843/527-8th-st-a-e-owen-sound

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Century 21 In-Studio Realty Inc., Brokerage (Owen Sound)
927 2nd Ave E
Owen Sound, Ontario N4K 2H5

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