353 11th ST E new Save Request In-Person Tour Request Virtual Tour
Owen Sound,ON N4K 1V3
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
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. 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.
Location
Province ON
County Grey County
Community Owen Sound
Area Grey County
Rooms
Family Room No
Kitchen 2
Interior
Cooling None
Exterior
Pool None
Roof Type Rolled
Building
Foundation Stone
Others
Virtual Tour https://youtube.com/shorts/SEXUX9Sc42Q?feature=share