353 11th Street East, Owen Sound, Ontario N4K1V3

Property Description

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:5764)