612 Bay Street, Midland, Ontario L4R1L6

Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE.

$449,900
3
BD
2
BA

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List Price
$449,900
MLS®
S12839008
Days on Market
147
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
3
Bathrooms
2
Lot Size Dimensions
30.5 x 85.7 FT
Subdivision
Midland

Property Description

Top 5 Reasons You Will Love This Home: 1) Charming semi-detached duplex with two fully self-contained units, offering a smart opportunity for investors or buyers looking to live in one unit while generating steady rental income from the other 2) Strong, reliable income already in place with the main unit rented at $1650 plus utilities and the upper unit rented at $1567 plus utilities, providing immediate cash flow from day one 3) Located just minutes from downtown Midland, you are close to shops, schools, parks, walking trails, marinas, and the waterfront, a location that consistently attracts quality tenants and end users alike 4) Separate hydro meters for each unit allow tenants to pay their own utilities, keeping expenses predictable and simplifying management 5) Three dedicated parking spaces, refreshed interiors, and a low-maintenance yard make this a practical, turn-key property, whether you are stepping into the market or adding another solid door to your portfolio. 1,278 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home. (id:5764)

Additional Information

Subdivision
Midland
Parking Spaces
3
Cooling
None
Country
Canada
Flooring
Vinyl
Sewer
Sanitary sewer
Community Features
Community Centre
Heating
Baseboard heaters, Electric
Stories
2

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks