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$ 460,000
Est. payment /mo
Active
317 Hugel AVE Midland, ON L4R 1T5
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Midland
MLS Listing ID S12890206
Style Bungalow-Raised
Bedrooms 5
Annual Tax Amount $2,968
Tax Year 2025
Property Sub-Type Duplex
Property 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.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Apartment
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Accessory Apartment
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 150.0
Total Parking Spaces 3
Building
Foundation Concrete Block
Others
ParcelsYN No
Listed by RE/MAX By The Bay Brokerage
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