317 Hugel Avenue Midland, Ontario L4R 1T5

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$450,000

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:49605)

Property Details

Price $450,000
Bedroom(s) 5
Bathroom(s) 2
Property Type Multi-family
Architectural Style Raised bungalow
317 Hugel Avenue Midland, Ontario L4R 1T5

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