353 11TH STREET E, Owen Sound, Ontario
$469,000
- 3 Beds
- 2 Baths
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:56241)
- Listing ID: X12058283
- Property Type: Multi-family
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Listing provided by Ron Hopper Real Estate Ltd.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 353 11TH STREET E in Owen Sound Ontario. It was last modified on April 2nd, 2025. Contact us to schedule a viewing or to discover other Owen Sound real estate for sale.