317 Hugel Avenue Midland, Ontario L4R 1T5

5 Bedroom 2 Bathroom 700 - 1,100 sqft
Raised Bungalow Central Air Conditioning Radiant Heat

$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:49203)

Property Details

MLS® Number S12890206
Property Type Multi-family
Community Name Midland
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances Dryer, Stove, Washer
Architectural Style Raised Bungalow
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 1
Size Interior 700 - 1,100 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 150 Ft
Size Frontage 50 Ft
Size Irregular 50 X 150 Ft
Size Total Text 50 X 150 Ft

https://www.realtor.ca/real-estate/29479262/317-hugel-avenue-midland-midland

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Andrew Mckay
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RE/MAX By The Bay Brokerage
6-1263 Mosley Street
Wasaga Beach, Ontario L9Z 2Y7

(705) 429-4500
(705) 429-4019
www.remaxbythebay.ca/

Dekker Team
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