317 Hugel Avenue, Midland, Ontario L4R1T5

Listing courtesy of RE/MAX By The Bay Brokerage.

$450,000
5
BD
2
BA

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List Price
$450,000
Price Change
▼ $10,000 1784566007
MLS®
S12890206
Days on Market
131
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
5
Bathrooms
2
Lot Size Dimensions
50 x 150 FT
Subdivision
Midland

Property Description

Legal duplex located within walking distance to downtown Midland. Excellent investment opportunity with positive cash flow and reliable tenants in place. The upper unit features 3 bedrooms, a full kitchen, living area, and in-suite laundry, currently leased until June 2026 at $1,950/month; vacant from July 1st.. The lower unit offers 2 bedrooms, a full kitchen, and living area with a long-term tenant on a month-to-month lease paying $1,488.76/month (tenant since October 2021). Separate hydro meters for each unit. 2024 utility costs: gas $1,171.80 and water $2,403. (id:5764)

Additional Information

Subdivision
Midland
Parking Spaces
3
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Heating
Radiant heat, Natural gas
Architectural Style
Raised bungalow
Stories
1

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Calculator source: Real Geeks