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:13843)
Details
| MLS # | S13785972 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 40 |
| Listing Provided By | KELLER WILLIAMS EXPERIENCE REALTY | DAVE WALKER |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,100 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | RS2 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Sloping |
|---|---|
| Foundation Details | Stone |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 4 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2849 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Midland |
| Postal Code | L4R3V9 |
| Listing VS Median (in L4R3V9) | |
Price: $519,000 low | high Med: $519,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $472 low | high Med: $472 On site: 40 low | high Med: 40 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Midland |
| Postal Code | L4R3V9 |
| Listing VS Median (in L4R3V9) | |
Price: $519,000 low | high Med: $519,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $472 low | high Med: $472 On site: 40 low | high Med: 40 | |
