$419,000

Investment For Sale In Owen Sound, Ontario

$419,000

Property Information:

Calling all first time homebuyers! This property can easily be converted back to a single family home or you could keep it as a duplex and live in one unit and have your tenants pay a big portion of your mortgage! Great for multi-generational families. This is a fabulous way to get into the real estate market and start building equity now! Or if you're a real estate investor, this is your chance to add a quality duplex to your portfolio. This large duplex, conveniently located on the east hill, is close to the hospital, shopping and schools. The 2 bedroom main floor unit also has use of the partially finished basement and the second floor unit has use of the finished attic. Both tenants pay their own hydro and share the gas bill. Wiring has been updated and it is heated by a gas hot water boiler system. Deep back yard with lots of parking. This duplex is priced to sell! Monthly Rental Income is $2,340. Expenses: Gas $3,409, Water/Sewer $2,983, Water Heater Rental $303, Insurance $1,107, Taxes $4,909, Snow Removal $650. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Partially finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Water meter, Two stoves

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 199.3 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 199.4 FT
  • Structure Type: Deck
  • Zoning: R5
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: eHomes Realty 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.

  • Apt 1 -
  • Laundry in basement -
  • Apt. 2 bathroom -
  • Apt. 1 living room -
  • Apt. 2 living room -
  • Basement -