353 11th Street E,Owen Sound, ON N4K1V3
Owen Sound, ON N4K1V3
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:13843)
Details
| MLS # | X12058283 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Status | Active |
| Days On Site | 104 |
| Listing Provided By | Ron Hopper Real Estate Ltd. | RANDY BYARS |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| Basement | Y |
| Story(s) | 2 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Owen Sound |
| Postal Code | N4K1V3 |
| Listing VS Median (in N4K1V3) | |
Price: $469,000 low | high Med: $0 On site: 104 low | high Med: | |
