224 7Th Street
Owen Sound, Owen Sound, N4K 1H9
For Sale
4.83 BTC

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3
BEDROOMS2
BATHROOMS2
KITCHENS9
ROOMSX13100856
MLSIDContact Us
Property Description
GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! Live in the bottom and rent the top! 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 (vacant) 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 (Vacant) 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! Upstairs Tenant (seasonal student) would like to stay if possible. 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. Lower 1 bedroom unit is vacant (did rent for $1640/ month incl.) Great tenant - no Tenant Disputes. Tenant always pay on time!
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Property Features
Fenced Yard, Hospital, Library, Rec./Commun.Centre, School, School Bus Route, Accessory Apartment, In-Law Suite, In-Law Capability, Water Heater, Primary Bedroom - Main Floor, Guest Accommodations, Storage, Private Double, Smoke Detector
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Property Details
Property Type
Duplex
Lot Size
48' x 103'
Taxes
$3,057 (2025)
Basement
Partial Basement, Separate Entrance
Exterior
Landscaped, Patio, Porch, Year Round Living
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Keller Williams Home Group Realty
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