353 11TH STREET E Active

Owen Sound,ON N4K1V3

$ 469000

3 Beds

2 Baths

1100 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $426

Subdivision Owen Sound

MLS Listing ID X12058283

Bedrooms 3

Source OnePoint Association of REALTORS®

Property Description

Great duplex with a solid income. Gross income over $41,000 and has a cap rate of 7%. Net income of $30,000 a year carries the mortgage. Completely renovated in 2021 - all new kitchens, bathrooms, flooring, drywall and roof. New air conditioning in 2024. Main floor offers a large one bedroom unit with 9' ceilings, private laundry, basement storage and private parking at rear of building. Main floor is currently vacant and was rented for $ 1600 inclusive. Second floor contains two large bedrooms, in-unit laundry and private parking at the front of the building. Currently rented for $1850 inclusive. Building has been inspected by fire department and city building officials. Expenses: hydro - $2266, gas -$1537, water/sewer -$1383, taxes - $2311, insurance - $1032. Rear parking is by deeded right of way to private gravel drive. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.58 m X 1.9 m Kitchen

Extra Room 2 Second level 4.14 m X 4.19 m Living room

Extra Room 3 Second level 5.02 m X 2.38 m Bedroom

Extra Room 4 Second level 3.65 m X 2.64 m Bedroom 2

Extra Room 5 Second level 1.82 m X 2.13 m Bathroom

Extra Room 6 Ground level 4.14 m X 2.2 m Kitchen

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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