612 BAY STREET

Multi-family For Sale in Midland, Ontario

$449,900
  • 3 Beds
  • 2 Baths
  • 1100 - 1500 Sq. Ft.
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:4069)
Address
612 BAY STREET
List Price
$449,900
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Midland
Bedrooms
3
Bathrooms
2
Floor Area
1100 - 1500 Sq. Ft.
Lot Size
30.5 x 85.7 FT Sq. Ft.
MLS® Number
S12839008
Listing Brokerage
FARIS TEAM REAL ESTATE BROKERAGE | Faris Team Real Estate Brokerage
Basement Area
Crawl space (Unfinished)
Postal Code
L4R1L6
Zoning
HC
Site Influences
Hospital, Marina, Park, Place of Worship

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Carol Ireland - Sales Representative

RE/MAX By The Bay Brokerage

Office: (705) 446-4309

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