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:4069)
Address
224 4TH STREET
List Price
$550,000
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Midland
Bedrooms
6
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
68 x 100 FT ; 100.33ft x 69.15ft x 100.41ft x 69.59ft Sq. Ft.
MLS® Number
S12508488
Listing Brokerage
Keller Williams Co-Elevation Realty, Brokerage
Basement Area
Crawl space
Postal Code
L4R3T5
Zoning
R2
Site Influences
Hospital, Park, Schools, Beach
Features
Flat site
