Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:C398,500
($293,212.32)
(€254,037.23)
Annual Taxes:C2,980
505 Park Ave, New York, NY 10022

Description

Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with tenants in place and an annual rental income of $40,000. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market.

Amenities

  • Patio
  • Porch
  • Separate Hydro Meter
  • Water Heater Owned

Income Generating Duplex with Nearly 8 Cap Rate in Prime Location.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.