224 4th ST new

Midland,ON L4R 3T5

$ 599000

6 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Midland

MLS Listing ID S12317980

Style 2 1/2 Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $4,358

Tax Year 2024

Property Sub-Type Duplex

Property Description

This legal duplex offers a rare opportunity to generate steady rental income with three fully self-contained units, perfectly situated in Midland's vibrant downtown core. The property includes a bright and spacious 1-bedroom, 1-bath main floor unit with on-site laundry; a second main floor unit offering 2 bedrooms and 1 bath; and a well-appointed upper-level unit with 2 bedrooms, 1 bath, a bonus den, and its own laundry facilities. With a smart layout and private living spaces, this home caters perfectly to the needs of todays renters. Outside, the partially fenced backyard offers a shared outdoor area, while two separate driveways provide ample parking for tenants. Located just minutes from Georgian Bay, marinas, downtown shops and restaurants, and all essential amenities, this property is a fantastic option for those looking to invest in a high-demand rental market. Whether you're expanding your portfolio or entering the investment space for the first time, this property offers immediate income potential and long-term value. Take possession any time this is a rare find in one of Midlands most sought-after locations.

Location

Province ON

County Simcoe

Community Midland

Area Simcoe

Rooms

Family Room No

Kitchen 3

Interior

Cooling None

Exterior

Exterior Feature Deck,Porch Enclosed

Parking Features Private

Pool None

View Trees/Woods

Roof Type Asphalt Shingle

Building

Foundation Concrete,Stone

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