224 7th ST E new Save Request In-Person Tour Request Virtual Tour
Owen Sound,ON N4K 1H9
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Owen Sound
MLS Listing ID X12053779
Style 2-Storey
Bedrooms 3
Building Age 51-99
Annual Tax Amount $2,961
Tax Year 2024
Property Sub-Type Duplex
Property Description
GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! TURN KEY - Perfect opportunity for a 1st time homebuyer to have the rental income help with the mortgage payments OR a perfect addition to any investment portfolio. Lower level offers an open concept Living room/ dining room/ kitchen combo with over 9 foot ceilings and a large bedroom. Upper unit has 2 large bedrooms and a living room that could be used as a 3rd bedroom. Gleaming hardwood floors throughout. This legal duplex is neat as a pin with many recent updates including roof (2011), Plumbing and Wiring (2000) and freshly painted throughout. Both units have laundry facilities. Lower level has access to basement which has living space and/ or storage. Well maintained building with lots of natural light in both units! Flexible closing available. Parking for 4 vehicles! Tenants would like to stay if possible. Lower tenant month to month and would require 60d notice to leave. Upper tenant on one year lease until Dec 31st 2025. Could easily be converted to a single family home of an extended family home. Please allow 24 hours notice for showings to notify tenant. Upper 2 bedroom unit is rented for $1600 / month inclusive and lower 1 bedroom unit is rented for $1640/ month inclusive. Great tenants - no Tenant Disputes. Tenants always pay on time!
Location
Province ON
County Grey County
Community Owen Sound
Area Grey County
Rooms
Family Room Yes
Basement Partial Basement,Separate Entrance
Kitchen 2
Interior
Interior Features Accessory Apartment,In-Law Suite,In-Law Capability,Water Heater,Primary Bedroom - Main Floor,Guest Accommodations,Storage
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Landscaped,Patio,Porch,Year Round Living
Parking Features Private Double
Pool None
View Trees/Woods
Roof Type Membrane,Flat
Topography Flat
Lot Frontage 48.15
Lot Depth 102.657
Total Parking Spaces 4
Building
Unit Features Fenced Yard,Hospital,Library,Rec./Commun.Centre,School,School Bus Route
Foundation Stone
Others
Security Features Smoke Detector