502 9th Street For Sale

Owen Sound, Owen Sound, N4K 3P2

$519,000

Description

Listed by KELLER WILLIAMS INNOVATION REALTY.

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.

Location

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  • Address: 502 9th Street
  • Neighborhood: Owen Sound
  • City: Owen Sound
  • State: Ontario
  • Postal Code: N4K 3P2

Property Video

Property Details

  • Property ID: X8339842
  • Property Price: $519,000
  • Style: Duplex, 2-Storey
  • Sq/Ft: 2000-2500
  • Rooms: 12+2
  • Bedrooms: 6+1
  • Bath: 2
  • Parking Spaces: 5
  • Year Built: 100+
  • A/C: Wall Unit
  • Basement: Part Fin
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,794.17 (2023)
  • Lot: 62.00x85.00 (Feet)

Room details and dimensions

Statistics for similar Duplex homes in Owen Sound

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Duplex homes in Owen Sound

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Duplex homes in Owen Sound

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 370 - 0992