612 BAY STREET, Midland, Ontario, L4R1L6

Property Description

Top 5 Reasons You Will Love This Home: 1) Charming semi-detached duplex with two fully self-contained units, offering a smart opportunity for investors or buyers looking to live in one unit while generating steady rental income from the other 2) Strong, reliable income already in place with the main unit rented at $1650 plus utilities and the upper unit rented at $1567 plus utilities, providing immediate cash flow from day one 3) Located just minutes from downtown Midland, you are close to shops, schools, parks, walking trails, marinas, and the waterfront, a location that consistently attracts quality tenants and end users alike 4) Separate hydro meters for each unit allow tenants to pay their own utilities, keeping expenses predictable and simplifying management 5) Three dedicated parking spaces, refreshed interiors, and a low-maintenance yard make this a practical, turn-key property, whether you are stepping into the market or adding another solid door to your portfolio. 1,278 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home. (id:64974)

Quick Facts

• Property Type: Duplex
• Bedrooms: 3 (3 above)
• Bathrooms: 2
• Attached: Yes
• Parking: 3 spaces (No Garage)
• Frontage: 31 ft (9.3 m)

Costs

• Annual Taxes: $1,956.00

Listing Provided by: FARIS TEAM REAL ESTATE BROKERAGE
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.