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! (id:4069)
Address
224 7TH STREET E
List Price
$499,900
Property Type
Multi-family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Owen Sound
Bedrooms
3
Bathrooms
2
Floor Area
2,000 Sq. Ft.
Lot Size
48.2 x 102.7 FT Sq. Ft.
MLS® Number
X12053779
Listing Brokerage
Keller Williams Home Group Realty
Basement Area
Partial
Postal Code
N4K1H9
Zoning
RS-1 (Legal Duplex)
Site Influences
Hospital, Schools
Features
Irregular lot size, Flat site, Guest Suite, In-Law Suite
