850 11th Street W,Owen Sound, ON N4K3T3
Owen Sound, ON N4K3T3
Description
Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout. The main level provides over1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances. Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request. (id:13843)
Details
| MLS # | X13658490 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 82 |
| Listing Provided By | Royal LePage RCR Realty | SHAUNA BONTERRE |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 700 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R1 |
Interior
| Cooling | Window air conditioner, None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
Exterior
| Foundation Details | Block |
|---|---|
| Fencing | Partially fenced |
Parking
| Parking Features | Carport, No Garage |
|---|---|
| Parking Total | 10 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3935.73 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Owen Sound |
| Postal Code | N4K3T3 |
| Listing VS Median (in N4K3T3) | |
Price: $599,000 low | high Med: $599,000 sqft: 700 low | high Med: 700 $ / sqft: $856 low | high Med: $856 On site: 82 low | high Med: 82 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Owen Sound |
| Postal Code | N4K3T3 |
| Listing VS Median (in N4K3T3) | |
Price: $599,000 low | high Med: $599,000 sqft: 700 low | high Med: 700 $ / sqft: $856 low | high Med: $856 On site: 82 low | high Med: 82 | |