Great duplex with a solid income potential. Excellent opportunity for a first time buyer to enter the market and have additional income from the second unit. Two bedroom unit was rented for 1850 per month inclusive and the one bedroom unit was rented for 1600 per month inclusive. 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 ready for a tenant or the new owner to move in. . Second floor contains two large bedrooms, in-unit laundry and private parking at the front of the building. Second floor is vacant. Building has been inspected by fire department and city building officials. Expenses: hydro - $2266, gas -$1537, water/sewer -$1383, taxes - $3807, insurance - $1032(based on when building was fully rented). Rear parking is by deeded right of way to private gravel drive. (id:4069)
Address
353 11TH STREET E
List Price
$379,900
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Owen Sound
Bedrooms
3
Bathrooms
2
Floor Area
1100 - 1500 Sq. Ft.
Lot Size
18.4 x 83 FT Sq. Ft.
Lot Depth
83 ft
Frontage Length
18 ft ,4 in
MLS® Number
X13497502
Listing Brokerage
Ron Hopper Real Estate Ltd.
Basement Area
N/A (Unfinished)
Postal Code
N4K1V3
Parking Places (Total)
2
Appliances
Water Heater, Dryer, Stove, Washer, Refrigerator
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
None
Foundation Details
Stone
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Sanitary sewer
