3 Beds 2 Bath

317 Hugel Avenue, Midland, ON L4R 1T5

Midland L4R 1T5 Ontario

MLS: S12890206

$460,000

Added 2 hours ago | For Sale

Listed by: RE/MAX By The Bay Brokerage

About Property

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. 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.

Features

  • House Style:Duplex
  • Bathrooms:2
  • Land Size: 50 X 150
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:William Street
  • Basement:Apartment , Apartment
  • Possession Date:Flexible
  • Annual Property taxes: $2968
  • Bedrooms:3 +2
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:S12890206

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