$490,000

Investment For Sale In Midland, Ontario

$490,000

Property Information:

Duplex walking distance to downtown Midland. Positive cash flow. A1 tenants. **Upper unit: 3 bedrooms, full kitchen, living area and laundry; lease till June 2026; $1,950 per month.** Lower unit: 2 bedrooms, full kitchen and living area; month to month lease started October 2021; $1,488.76 per month. **Utility costs 2024: gas $1171.80 ; water $2403. **Separate hydro meters. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Architectural Style: Raised bungalow
  • Basement Type: N/A
  • Exterior Finish: Aluminum siding
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 150 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX By The Bay Brokerage

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.