224 4TH STREET, Midland, Ontario, L4R 3T5

$550,000

MLS® # S12508488

Investment For Sale In Midland, Ontario

$550,000

Property Information:

This legal duplex offers a rare opportunity to generate steady rental income with three fully self-contained units, perfectly situated in Midland's vibrant downtown core. The property includes a bright and spacious 1-bedroom, 1-bath main floor unit with on-site laundry; a second main floor unit offering 2 bedrooms and 1 bath; and a well-appointed upper-level unit with 2 bedrooms, 1 bath, a bonus den, and its own laundry facilities. With a smart layout and private living spaces, this home caters perfectly to the needs of todays renters. Outside, the partially fenced backyard offers a shared outdoor area, while two separate driveways provide ample parking for tenants. Located just minutes from Georgian Bay, marinas, downtown shops and restaurants, and all essential amenities, this property is a fantastic option for those looking to invest in a high-demand rental market. Whether you're expanding your portfolio or entering the investment space for the first time, this property offers immediate income potential and long-term value. Take possession any time this is a rare find in one of Midlands most sought-after locations. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Type: Crawl space
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Concrete, Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 3
  • Amenities Nearby: Hospital, Park, Schools
  • Community Features: Community Centre
  • Features: Flat site
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 68.0 Feet
  • Lot Size: 68 x 100 FT ; 100.33ft x 69.15ft x 100.41ft x 69.59ft
  • Structure Type: Deck, Porch, Shed
  • Surface Water:
  • Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Rooms:

  • 5th Bedroom 3rd Level 6.47 m x 2.63 m
  • Bedroom 3rd Level 3.59 m x 3.58 m
  • Sun Room Main Level 1.92 m x 3.53 m
  • Bedroom Main Level 3.43 m x 3.32 m
  • Kitchen Main Level 3.56 m x 3.53 m
  • Dining Main Level 3.56 m x 3.32 m
  • Living Main Level 3.04 m x 2.83 m
  • Mudroom Main Level 2.67 m x 4.04 m
  • 2nd Bedroom Main Level 2.73 m x 4.03 m
  • Kitchen Main Level 2.51 m x 3.51 m
  • Laundry Main Level 3.65 m x 2.82 m
  • 3rd Bedroom Upper Level 3.09 m x 3.32 m
  • Kitchen Upper Level 2.94 m x 3.02 m
  • 4th Bedroom Upper Level 4.66 m x 2.78 m
  • Dining Upper Level 1.90 m x 2.63 m
  • Sitting Upper Level 2.84 m x 2.71 m

Courtesy of: Keller Williams Co-Elevation Realty, Brokerage

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos