612 BAY STREET

$449,900

Midland, Midland, Ontario

  • 3 beds
  • 2 baths
Commercial · Multi-familyType
3Parking
Baseboard heaters, ElectricHeating
NoneCooling
181Days on market

About this property

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:45603)

Property details

Interior

Bedrooms
3
Bedrooms above grade
3
Bathrooms
2
Storeys
2
Basement
Unfinished, Crawl space
Flooring
Vinyl
Appliances
Refrigerator, Stove, Water Heater

Exterior & parking

Structure type
Duplex
Architectural style
[]
Lot size
30.5 x 85.7 FT
Parking spaces
3
Parking features
No Garage
Exterior features
Brick, Vinyl siding

Building & HOA

Heating
Baseboard heaters, Electric
Cooling
None

Financial & legal

List price
$449,900
Annual taxes
$1,956
Status
Active
MLS® number
S12839008

Location

City
Midland
Neighbourhood
Midland
Province
Ontario
Postal code
L4R1L6
Directions
Fourth St/Bay St

Room details

RoomLevelDimensionsFeatures
KitchenMain level3.57 x 3.3 meters
Living roomMain level3.97 x 3.61 meters
BedroomMain level3.22 x 2.43 meters
BedroomMain level3.2 x 2.48 meters
KitchenSecond level3.28 x 3.04 meters
Living roomSecond level5.03 x 3.66 meters
BedroomSecond level3.85 x 3.21 meters

Mortgage calculator

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Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).