$389,900

Investment For Sale In Owen Sound, Ontario

$389,900

Property Information:

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 will be vacant in the new year. Building has been inspected by fire department and city building officials. Expenses: hydro - $2266, gas -$1537, water/sewer -$1383, taxes - $3807, insurance - $1032. Rear parking is by deeded right of way to private gravel drive. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 83.0 Feet
  • Lot Frontage: 18.3 Feet
  • Lot Size: 18.4 x 83 FT
  • Utility Type: Sewer - Installed, Hydro - Installed, Cable - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Rooms:

  • Kitchen 2nd Level 3.58 m x 1.90 m
  • Living 2nd Level 4.14 m x 4.19 m
  • Bedroom 2nd Level 5.02 m x 2.38 m
  • 2nd Bedroom 2nd Level 3.65 m x 2.64 m
  • Bathroom 2nd Level 1.82 m x 2.13 m
  • Kitchen Ground Level 4.14 m x 2.20 m
  • Living Ground Level 4.14 m x 4.92 m
  • Bedroom Ground Level 3.45 m x 3.47 m
  • Bathroom Ground Level 3.35 m x 1.90 m

Courtesy of: Ron Hopper Real Estate Ltd.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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