$419,000 | Owen Sound Owen Sound Duplex for Sale at 598 6th Street E Owen Sound

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:6289)

Owen Sound Map, Demographics, Characteristics