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353 11th Street Image 1

$469,000

Apr 3Duplex For Sale
bedrooms3bed
washrooms8bath
MLS - #X12058283

353 11th Street, Owen Sound, ON N4K 1V3

Virtual Tours

2
Similar Homes Found
$524,950
Average Price
-10.7%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Duplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen4.14 x 2.2 mN/AGround
Living Room4.14 x 4.92 mN/AGround
Bedroom3.45 x 3.47 mN/AGround
Bathroom3.35 x 1.9 m4 Pc BathGround

About 353 11th Street

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.

Home Overview

Last updated

Apr 4

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Listed by Ron Hopper Real Estate Ltd.

Additional Details

Basement:Unfinished
Cooling:None
Heating:Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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