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

3 Bedroom2 Bathroom1,100 - 1,500 ft2
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. 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:48745)

Property Details

MLS® Number X12058283
Property TypeMulti-family
Community NameOwen Sound
Parking Space Total2

Building

Bathroom Total2
Bedrooms Above Ground3
Bedrooms Total3
AppliancesWater Heater, Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement DevelopmentUnfinished
Basement TypeN/a (unfinished)
Exterior FinishBrick
Foundation TypeStone
Heating FuelNatural Gas
Heating TypeForced Air
Stories Total2
Size Interior1,100 - 1,500 Ft2
TypeDuplex
Utility WaterMunicipal Water

Parking

No Garage

Land

AcreageNo
SewerSanitary Sewer
Size Depth83 Ft
Size Frontage18 Ft ,4 In
Size Irregular18.4 X 83 Ft
Size Total Text18.4 X 83 Ft

Rooms

LevelTypeDimensions
Second LevelKitchen3.58 m x 1.9 m
Second LevelLiving Room4.14 m x 4.19 m
Second LevelBedroom5.02 m x 2.38 m
Second LevelBedroom 23.65 m x 2.64 m
Second LevelBathroom1.82 m x 2.13 m
Ground LevelKitchen4.14 m x 2.2 m
Ground LevelLiving Room4.14 m x 4.92 m
Ground LevelBedroom3.45 m x 3.47 m
Ground LevelBathroom3.35 m x 1.9 m

Utilities

CableInstalled
SewerInstalled

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

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