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. 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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Rooms

Level	Type	Dimensions
Kitchen	Second level	3.58 m x 1.9 m
Living room	Second level	4.14 m x 4.19 m
Bedroom	Second level	5.02 m x 2.38 m
Bedroom 2	Second level	3.65 m x 2.64 m
Bathroom	Second level	1.82 m x 2.13 m
Kitchen	Ground level	4.14 m x 2.2 m
Living room	Ground level	4.14 m x 4.92 m
Bedroom	Ground level	3.45 m x 3.47 m
Bathroom	Ground level	3.35 m x 1.9 m

Details

Parking Spaces: 2
Transaction: For sale

Building

Appliances: Water Heater, Dryer, Two stoves, Two Washers, Two Refrigerators
BasementType: N/A (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 3
Exterior Finish: Brick
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 18 ft ,5 in
Size Irregular: 18.43 x 83 FT

Listing provided by Ron Hopper Real Estate Ltd.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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 the Dave Dick Real Estate Team to schedule a viewing or to discover other Owen Sound real estate for sale.

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