317 Hugel Avenue, Midland, Ontario

$450,000

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5

Beds

2

Baths

About 317 Hugel Avenue

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. (id:36535)

Features of 317 Hugel Avenue

Listing # S12890206
Price $450,000
Bedrooms 5
Bathrooms 2.00
Acres 0.00
Type Multi-family
Style Raised bungalow

Community Information

Address 317 Hugel Avenue
Subdivision Midland
City Midland
Province Ontario
Postal Code L4R1T5

Amenities

Parking Spaces 3
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Stove, Washer
Heating Natural gas Radiant heat
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes
Basement Features Apartment in basement
Basement Type N/A

Exterior

Exterior Aluminum siding
Lot Description 50 x 150 FT
Foundation Block

Listing Details

OfficeCourtesy Of RE/MAX By The Bay Brokerage

Listing Map