34
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$469,000
Est. payment /mo
3 Beds
2 Baths
New
353 11th ST E Owen Sound, ON N4K 1V3
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Owen Sound
MLS Listing ID X12058283
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,311
Tax Year 2024
Property Sub-Type Duplex
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. 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.
Location
Province ON
County Grey County
Community Owen Sound
Area Grey County
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Rolled
Lot Frontage 18.43
Lot Depth 83.0
Total Parking Spaces 2
Building
Foundation Stone
Others
Virtual Tour https://youtube.com/shorts/SEXUX9Sc42Q?feature=share
Listed by Ron Hopper Real Estate Ltd.