Duplex For Sale
$460,000
MLS® Number: S12890206
Bedrooms
5
Bathrooms
2
Duplex For Sale
$460,000
Bedrooms
5
Bathrooms
2
317 HUGEL AVENUE, Midland, Ontario
About This Property
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 Details
Interior Details
Appliances
Washer, Stove, Dryer
Basement
Apartment in basement, N/A
Bathrooms Total
2
Bedrooms Total
5
Cooling
Central air conditioning
Heating
Radiant heat, Natural gas
Building & Exterior
Architectural Style
Raised bungalow
Exterior Features
Aluminum siding
Foundation Details
Block
Parking Features
No Garage
Stories
1.0
Land & Location
City Region
Midland
Frontage Length
50.0 feet
Lot Size Dimensions
50 x 150 FT
Postal Code
L4R1T5
Listing & Financials
Listing Office
RE/MAX By The Bay Brokerage
Originating System Name
OnePoint Association of REALTORS®
Other Specifications
Country
Canada
Parking Total
3
Listed By
RE/MAX By The Bay Brokerage
Mortgage Calculator
Estimated Monthly Payment
$2,260
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$2,260
Principal and interest only. Actual rates may vary.
