317 HUGEL AVENUE
Midland, Ontario
MLS® S12890206
$450,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- S12890206
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- —
1 / 8Listing 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.
Property summary
- MLS® number
- S12890206
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 50 x 150 FT
- Annual property taxes
- $2,968.00
- Parking
- 3 spaces · No Garage
- Days on market
- 163 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- Central air conditioning
- Basement
- Apartment in basement, N/A
- Appliances
- Washer, Stove, Dryer
- Exterior features
- Aluminum siding
- Architectural style
- Raised bungalow
What would this home cost you?
Based on the $450,000 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 RE/MAX By The Bay Brokerage, WASAGA BEACH.
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.