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Home ON Greater Owen Sound Owen Sound
353 11TH STREET E
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353 11TH STREET E $469,000
3 days ago
$469,000
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353 11TH STREET E
Owen Sound, Ontario N4K1V3

MLS® Number: X12058283
3
Bedrooms
2
Bathrooms
1100 - 1500
Square Feet

Listing Description

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. (40170617)

Location Description

3rd ave east and 11th st east

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1100 - 1500 sqft
Community Name
Owen Sound
Land Size
18.4 x 83 FT
Annual Property Taxes
$2,311
Parking Type
No Garage
Time on REALTOR.ca
3 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater, Dryer, Two stoves, Two Washers, Two Refrigerators
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Stone
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
2

Measurements

Square Footage
1100 - 1500 sqft

Rooms

MetricImperial
Second level
Kitchen
Living room
Bedroom
Bedroom 2
Bathroom
Ground level
Kitchen
Living room
Bedroom
Bathroom

Land

Lot Features
Frontage
18 ft ,4 in
Land Depth
83 ft
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4

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