353 11th Street E Owen Sound, Ontario N4K 1V3

3 Bedroom 2 Bathroom
Forced Air

$469,000

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. (id:42776)

Property Details

MLS® Number X12058283
Property Type Multi-family
Community Name Owen Sound
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Water Heater, Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement Development Unfinished
Basement Type N/a (unfinished)
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 83 Ft
Size Frontage 18 Ft ,5 In
Size Irregular 18.43 X 83 Ft
Size Total Text 18.43 X 83 Ft

Rooms

Level Type Dimensions
Second Level Kitchen 3.58 m x 1.9 m
Second Level Living Room 4.14 m x 4.19 m
Second Level Bedroom 5.02 m x 2.38 m
Second Level Bedroom 2 3.65 m x 2.64 m
Second Level Bathroom 1.82 m x 2.13 m
Ground Level Kitchen 4.14 m x 2.2 m
Ground Level Living Room 4.14 m x 4.92 m
Ground Level Bedroom 3.45 m x 3.47 m
Ground Level Bathroom 3.35 m x 1.9 m

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/28112334/353-11th-street-e-owen-sound-owen-sound


Ron Hopper Real Estate Ltd.
823 2nd Ave E
Owen Sound, Ontario N4K 2H2

(519) 371-5550
(519) 371-5668

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