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$ 519,000
Est. payment /mo
New
154 Fifth ST Midland, ON L4R 3V9
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Midland
MLS Listing ID S13785972
Style 1 1/2 Storey
Bedrooms 3
Annual Tax Amount $2,849
Tax Year 2025
Property Sub-Type Duplex
Property 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!
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck, Patio
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Topography Sloping
Lot Frontage 50.0
Lot Depth 100.0
Total Parking Spaces 4
Building
Building Age 100+
Foundation Stone
Others
ParcelsYN No
Listed by KELLER WILLIAMS EXPERIENCE REALTY