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353 11TH STREET E Owen Sound

353 11TH STREET E, Owen Sound

$469,000

  • 3
  • 2
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:45839)
  • Listing ID: X12058283
  • Property Type: Multi-family
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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

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 Depth: 83 ft
  • Size Frontage: 18 ft ,5 in
  • Size Irregular: 18.43 x 83 FT

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    This property for sale is located at 353 11TH STREET E in Owen Sound. It was last modified on April 2nd, 2025. Contact Christine Smith to schedule a viewing or to discover other Owen Sound properties for sale.

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