23
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$499,900
Est. payment /mo
3 Beds
2 Baths
New
154 FIFTH STREET Midland, ON L4R3V9
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100 - 1500
Subdivision Midland
MLS® Listing ID S14129136
Bedrooms 3
Property Description
Attention investors and homebuyers! Looking for an investment with real cash-flow potential? Look no further! Welcome to 154 Fifth Street in Midland - a legal duplex offering flexibility, excellent income potential, and vacant possession. The property features a one-bedroom unit that recently rented for $1,615 per month and a two-bedroom unit that rented for $1,850 per month, with tenants responsible for all utilities in addition to their monthly rent. Vacant possession gives you the flexibility to set your own rents, choose your own tenants, move into one unit while renting the other to help offset your mortgage, or accommodate extended family. Each self-contained unit has its own driveway, hydro meter, in-suite laundry, and storage shed, providing added convenience and privacy. Ideally located within walking distance of downtown Midland and the waterfront trail, residents can enjoy easy access to local shops, restaurants and beautiful Georgian Bay. Whether you're looking to expand your investment portfolio, reduce your housing costs or explore a multi-generational living arrangement, this versatile property offers plenty of possibilities! (id:24570)
Location
State ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 2.97 m X 4.64 m Living room
Extra Room 2 Second level 3.37 m X 2.38 m Kitchen
Extra Room 3 Second level 3.37 m X 3.25 m Bedroom
Extra Room 4 Second level 1.49 m X 1.93 m Bathroom
Extra Room 5 Main level 3.48 m X 4.82 m Kitchen
Extra Room 6 Main level 3.32 m X 5.74 m Living room
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Story 1.5
Sewer Sanitary sewer
Others
Listed by KELLER WILLIAMS EXPERIENCE REALTY
NEARBY SCHOOLS & PROPERTIES
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