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.
Duplex walking distance to downtown Midland. Positive cash flow. A1 tenants. * * Upper unit: 3 bedrooms, full kitchen, living area and laundry; lease till June 2026; $1,950 per month. * * Lower unit: 2 bedrooms, full kitchen and living area; month to month lease started October 2021; $1,488.76 per month. * * Utility costs 2024: gas $1171.80 ; water $2403. * * Separate hydro meters.
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Public record
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Single Family Residential
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Simcoe County
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Last updated by owner on Aug 9, 2023.
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