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224 7TH STREET E Owen Sound

224 7TH STREET E, Owen Sound

$449,900

  • 3
  • 2
GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! TURN KEY - Perfect opportunity for a 1st time homebuyer to have the rental income help with the mortgage payments OR a perfect addition to any investment portfolio. Lower level offers an open concept Living room/ dining room/ kitchen combo with over 9 foot ceilings and a large bedroom. Upper unit has 2 large bedrooms and a living room that could be used as a 3rd bedroom. Gleaming hardwood floors throughout. This legal duplex is neat as a pin with many recent updates including roof (2011), Plumbing and Wiring (2000) and freshly painted throughout. Both units have laundry facilities. Lower level has access to basement which has living space and/ or storage. Well maintained building with lots of natural light in both units! Flexible closing available. Parking for 4 vehicles! Tenants would like to stay if possible. Lower tenant month to month and would require 60d notice to leave. Upper tenant on one year lease until Dec 31st 2025. Could easily be converted to a single family home of an extended family home. Please allow 24 hours notice for showings to notify tenant. Upper 2 bedroom unit is rented for $1600 / month inclusive and lower 1 bedroom unit is rented for $1640/ month inclusive. Great tenants - no Tenant Disputes. Tenants always pay on time! (id:45839)
  • Listing ID: X12053779
  • Property Type: Multi-family
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Rooms

LevelTypeDimensions
Second LevelKitchen3.76 m x 2 m
Second LevelLiving Room3.96 m x 3.23 m
Second LevelBedroom 24.17 m x 2.95 m
Second LevelBedroom 34.17 m x 3 m
Main LevelLiving Room5.08 m x 3.96 m
Main LevelFoyer1.22 m x 1.7 m
Main LevelDining Room4.42 m x 3.4 m
Main LevelKitchen4.42 m x 1 m
Main LevelPrimary Bedroom3.84 m x 3.58 m

Details

  • Amenities Nearby: Hospital, Schools
  • Community Features: Community Centre, School Bus
  • Features: Irregular lot size, Flat site, Guest Suite, In-Law Suite
  • Parking Spaces: 4
  • Structure: Patio(s), Porch, Shed
  • Transaction: For sale
  • Zoning Description: RS-1 (Legal Duplex)

Building

  • Appliances: Water Heater, All
  • BasementType: Partial
  • Basement Features: Separate entrance
  • Bedrooms Main Level: 3
  • Cooling: Wall unit
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Stone
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2000 - 2500 sqft
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Schools
  • Fence: Fenced yard
  • Landscape Features: Landscaped
  • Sewer: Sanitary sewer
  • Size Depth: 102 ft ,8 in
  • Size Frontage: 48 ft ,2 in
  • Size Irregular: 48.2 x 102.7 FT

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    Looking for more information or to schedule a showing? Contact Christine Smith today.

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    This property for sale is located at 224 7TH STREET E in Owen Sound. It was last modified on April 9th, 2025. Contact Christine Smith to schedule a viewing or to discover other Owen Sound properties for sale.

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