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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-03 | 2023-01-26 | 23 | $524,900 | $515,000 | Sold |
| 2022-10-03 | 2023-01-03 | 92 | $559,900 | - | Terminated |
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Property Description
Duplex Opportunity In Midland! Two Side By Side Semi-Detached Legal Units Located On A Large In-Town Lot. First Unit Is Currently Vacant, Which Is Perfect So You Can Set Your Own Rental Rate. The Second Unit On The Right Side Is Currently Occupied And Is Willing To Stay On As A Tenant. Live On One Side And Rent The Other, A Great Location For A Family, A Public Park Is Mere Steps Around The Corner Or Walk To The Waterfront In Under 10 Minutes! Or Take Advantage Of The Big Earning Potential By Renting Out Both Sides! The Large Lot Offers Potential Further Development . Come See It Today!
Property Features
Marina, Park
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Property Details
Street
Community
City
Property Type
Duplex, 1 1/2 Storey
Lot Size
108' x 100'
Fronting
South
Taxes
$2,100 (2022)
Basement
Part Bsmt, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 17.45' x 11.32' | |
| Living | Main | 17.42' x 9.48' | |
| Family | Main | 13.42' x 13.02' | |
| Laundry | Main | 4.86' x 8.66' | |
| Br | 2nd | 9.25' x 8.60' | |
| Br | 2nd | 9.71' x 12.11' | |
| Kitchen | Main | 10.66' x 12.27' | |
| Living | Main | 15.03' x 16.40' | |
| Br | 2nd | 12.20' x 8.56' | |
| Br | 2nd | 10.93' x 13.32' |
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Similar Listings
This charming detached century house, perched on the hill with views of Midland Bay is a duplex offering an excellent opportunity for investors. Just Steps from the marina and a short walk to Downtown Midland, this property boasts two spacious 2-bedroom units, each with full kitchens & private laundry. Recent upgrades include: painted interior, new exterior doors, new kitchen cabinets, bathroom cabinets, a new toilet, sink and new washer in the main floor bathroom, a new washer and dryer in Unit 2. Upgraded 200 amp fuse box and numerous improvements along the way all amounting to $40k+in upgrades. With its prime location, historical charm and recent updates this duplex is an opportunity that you don't want to miss.
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This could be your opportunity to enter the real estate investment world with this legal two unit home. This property is unique in that the second suite is actually a detached garden suite with the utilities for both units been separate. The only utility the Landlord pays is the water. Also, with two completely separate dwellings on one lot, there is no noise transferred between units, helping to keep the Tenants happy. The property is presently fully occupied by two respectable Tenants who are paying on time and would like to stay, truly a 'turn-key' investment property. The detached garage was converted into a garden suite in 2019, and it has up-to-date colours and finishings with an electric heat pump for heating and cooling and additional electric baseboards for heating. The original house contains a main floor living room, kitchen, 2 generous bedrooms and a bathroom with an additional shower and rec room in the basement. This property would also make a perfect starter home, live in one unit and rent the other. Located in a quiet Midland neighbourhood close to the lake and downtown amenities.
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