154 FIFTH STREET, Midland, ON L4R3V9
154 FIFTH STREET, Midland, ON L4R3V9
154 FIFTH STREET, Midland, ON L4R3V9
154 FIFTH STREET, Midland, ON L4R3V9
154 FIFTH STREET, Midland, ON L4R3V9
154 FIFTH STREET, Midland, ON L4R3V9
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$ 499,900
Est. payment | /mo

3 Beds

2 Baths


$ 499,900
Est. payment | /mo

3 Beds

2 Baths

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision Midland

MLS® Listing ID S14129136

Bedrooms 3

Property Description

Attention investors and homebuyers! Looking for an investment with real cash-flow potential? Look no further! Welcome to 154 Fifth Street in Midland - a legal duplex offering flexibility, excellent income potential, and vacant possession. The property features a one-bedroom unit that recently rented for $1,615 per month and a two-bedroom unit that rented for $1,850 per month, with tenants responsible for all utilities in addition to their monthly rent. Vacant possession gives you the flexibility to set your own rents, choose your own tenants, move into one unit while renting the other to help offset your mortgage, or accommodate extended family. Each self-contained unit has its own driveway, hydro meter, in-suite laundry, and storage shed, providing added convenience and privacy. Ideally located within walking distance of downtown Midland and the waterfront trail, residents can enjoy easy access to local shops, restaurants and beautiful Georgian Bay. Whether you're looking to expand your investment portfolio, reduce your housing costs or explore a multi-generational living arrangement, this versatile property offers plenty of possibilities! (id:24570)

Location

State ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 2.97 m X 4.64 m Living room

Extra Room 2 Second level 3.37 m X 2.38 m Kitchen

Extra Room 3 Second level 3.37 m X 3.25 m Bedroom

Extra Room 4 Second level 1.49 m X 1.93 m Bathroom

Extra Room 5 Main level 3.48 m X 4.82 m Kitchen

Extra Room 6 Main level 3.32 m X 5.74 m Living room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 1.5

Sewer Sanitary sewer

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Listed by KELLER WILLIAMS EXPERIENCE REALTY

Nearby Locations

Zoe Brown

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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154 FIFTH STREET