154 FIFTH STREET
Midland, Ontario
MLS® S13785972
$519,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- S13785972
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- —
1 / 27Listing 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!
Property summary
- MLS® number
- S13785972
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 50 x 100 FT
- Annual property taxes
- $2,849.00
- Parking
- 4 spaces · No Garage
- Days on market
- 1 day
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Unfinished, N/A
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Brick, Aluminum siding
- Lot features
- Sloping
What would this home cost you?
Based on the $519,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of KELLER WILLIAMS EXPERIENCE REALTY, BARRIE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.