4
BEDROOMS2
BATHROOMS2
KITCHENS12
ROOMSS7400886
MLSIDContact Us
Property Description
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, recent updates, and positive cashflow this duplex is an opportunity that you don't want to miss.
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Extras
Property is tenanted: main level unit rents for $2295 inclusive, 2nd level unit rents for $1995 inclusive.
Property Features
Beach, Hospital, Marina, Park, Public Transit, School
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Property Details
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 118'
Acreage
< .50
Fronting
South
Taxes
$2,571 (2023)
Basement
Unfinished
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 13.58' x 14.30' | |
| Bathroom | Main | 11.38' x 8.66' | |
| Living | Main | 11.06' x 14.30' | |
| Br | Main | 11.75' x 13.22' | |
| Br | Main | 8.33' x 14.30' | |
| Foyer | Upper | 7.32' x 7.81' | |
| Kitchen | Upper | 10.07' x 9.97' | |
| Bathroom | Upper | 7.32' x 5.31' | |
| Br | Upper | 10.24' x 16.67' | |
| Br | Upper | 13.98' x 9.97' |
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Listing contracted with @{brokerage}
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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