Owen Sound N4K 1V3 Ontario
MLS: X12058283
Added 20 days ago | For Sale
Listed by: Ron Hopper Real Estate Ltd.
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.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Ground | Kitchen | 13 ft, 7 in x 7 ft, 3 in | |
| Living Room | 13 ft, 7 in x 16 ft, 2 in | ||
| Bedroom | 11 ft, 4 in x 11 ft, 5 in | ||
| Bathroom | 4 Pc Bath | 11 ft x 6 ft, 3 in | |
| Second | Kitchen | 11 ft, 9 in x 6 ft, 3 in | |
| Living Room | 13 ft, 7 in x 13 ft, 9 in | ||
| Bedroom | 16 ft, 6 in x 7 ft, 10 in | ||
| Bedroom 2 | 12 ft x 8 ft, 8 in | ||
| Bathroom | 6 ft x 7 ft |
No property rooms available.
