317 HUGEL AVENUE, Midland, Ontario L4R 1T5
$450,000.00
- 5 bedrooms
- 2 bathrooms
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. (id:25417)
Price reduced $10,000 (2.17%) from the list price.
- Listing ID: S12890206
- Property Type: Multi-family
| Property | |
|---|---|
| Style: | Raised Bungalow |
| Lot Size: | 50 by 150 FT |
| Parking: | No Garage 3 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Duplex |
| Appliances: | Stove, Washer and Dryer |
| HVAC: | Central Air Conditioning, Fireplace and Radiant Heat Natural Gas |
| Exterior: | Aluminum Siding |
| Basement: | N/A |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| Town: | Midland |
| Province: | Ontario |
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