353 11th Street E Owen Sound, Ontario N4K 1V3
$499,000
4.9% potential cap rate with a projected gross income of $32,400 and anticipated expenses of $7500 per year. Rent the two bedroom unit for $1500 per month and the main floor unit for $1200 per month for a positive cashflow. Have the tenants pay the utilities for an even better cap rate. This completely renovated property is waiting for new tenants. Main floor features.9' ceilings, bedroom with French doors, large living room, bright kitchen with laundry, spa-like bath with body jets in the shower. Luxury vinyl plank flooring throughout. Two bedroom unit on second floors with L-shaped kitchen offers lots of cabinetry and counter space along with a cozy breakfast bar for two. The living area offers lots of space and has a bonus electric fireplace for ambience. The primary bedroom on this floor is 16 feet long! The second bedroom is 100 square feet. Completely renovated in the last six month. Roof was replaced in 2021 and front porch was re-shingled in 2022. Deeded access by right of way to rear yard provides additional options. (id:43787)
Property Details
| MLS® Number | 40263870 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Shopping |
| Parking Space Total | 2 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 3 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | None |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1272 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Place Of Worship, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 83 Ft |
| Size Frontage | 18 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R5 |
https://www.realtor.ca/real-estate/24441174/353-11th-street-e-owen-sound
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 14 2022 07:44:18
REALTORS® Association of Grey Bruce Owen Sound
Ron Hopper Real Estate Ltd Brokerage