Overview
|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.
Additional Details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: Central Air
- County: Simcoe
- Property Type: Residential
- Pool: None
- Architectural Style: Bungalow-Raised
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