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:53193)
MLS® Number | X12058283 |
Property Type | Multi-family |
Community Name | Owen Sound |
ParkingSpaceTotal | 2 |
BathroomTotal | 2 |
BedroomsAboveGround | 3 |
BedroomsTotal | 3 |
Appliances | Water Heater, Dryer, Two Stoves, Two Washers, Two Refrigerators |
BasementDevelopment | Unfinished |
BasementType | N/a (unfinished) |
ExteriorFinish | Brick |
FoundationType | Stone |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 1100 - 1500 Sqft |
Type | Duplex |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 83 Ft |
SizeFrontage | 18 Ft ,4 In |
SizeIrregular | 18.4 X 83 Ft |
SizeTotalText | 18.4 X 83 Ft |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Kitchen | 3.58 m | 1.9 m | 3.58 m x 1.9 m |
Second Level | Living Room | 4.14 m | 4.19 m | 4.14 m x 4.19 m |
Second Level | Bedroom | 5.02 m | 2.38 m | 5.02 m x 2.38 m |
Second Level | Bedroom 2 | 3.65 m | 2.64 m | 3.65 m x 2.64 m |
Second Level | Bathroom | 1.82 m | 2.13 m | 1.82 m x 2.13 m |
Ground Level | Kitchen | 4.14 m | 2.2 m | 4.14 m x 2.2 m |
Ground Level | Living Room | 4.14 m | 4.92 m | 4.14 m x 4.92 m |
Ground Level | Bedroom | 3.45 m | 3.47 m | 3.45 m x 3.47 m |
Ground Level | Bathroom | 3.35 m | 1.9 m | 3.35 m x 1.9 m |
Cable | Installed |
Sewer | Installed |
https://www.realtor.ca/real-estate/28112334/353-11th-street-e-owen-sound-owen-sound
Contact us for more information
Randy Byars
Broker
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Message Us!