895 4th Ave E, Owen Sound, ON N4K 2N8

Looking to add a cash flowing rental property to your portfolio? This 4 plex is a great opportunity in the heart of downtown Owen Sound with a 7.88% cap rate! Over the years many renovations have been done to update the units and building itself. New gas boiler and hot water heater rental were installed 2019. Windows, plumbing, wiring have all been updated along with the units. The outside has had landscape work done, new eves trough, facia. New flat roof was done in 2018. Currently the property is fully tenanted. This property is ready to add to your portfolio. Roughly $93,000 a year for income and $22,000 a year for expenses.