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Est. payment | -/mo

5 Beds

2 Baths

Save

Est. payment | -/mo

Save

5 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Midland

MLS Listing ID S12890206

Style Bungalow-Raised

Bedrooms 5

Annual Tax Amount $2,968

Tax Year 2025

Property Sub-Type Duplex

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.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room No

Basement Apartment

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Accessory Apartment

Cooling Central Air

Inclusions 2 x stove; 2 x fride. Washer, Dryer.

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 150.0

Total Parking Spaces 3

Building

Foundation Concrete Block

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX By The Bay Brokerage

Schools and Properties Nearby

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317 Hugel AVE Midland, ON L4R 1T5