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315 Elizabeth Street Midland, Ontario L4R 1Y7

8 Bedroom 4 Bathroom 2135 sqft
None Baseboard Heaters

$929,000

Welcome to this exceptional investment opportunity in the heart of Midland. This newly renovated, vacant 4-unit building is ideally situated just minutes away from downtown Midland. Each unit has been updated with modern finishes, including new flooring, fresh paint, updated kitchens and appliances.(New roof 2023) The building features four separate 2-bed/1-bath units, each with its own entrance, providing privacy and comfort for tenants and sufficient parking space for all units. With all units vacant and ready for occupancy, you have the flexibility to set your own rent. Located close to downtown Midland, tenants will enjoy easy access to shops, restaurants, parks, schools and public transportation. Midlandā€™s thriving community and strategic location make this property a desirable rental option, ensuring steady income and long-term appreciation. Whether you are a seasoned investor or looking to enter the real estate market, this property offers great returns and minimal maintenance. (id:54532)

Property Details

MLS® Number 40628578
Property Type Multi-family
AmenitiesNearBy Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures School Bus
ParkingSpaceTotal 8

Building

BathroomTotal 4
BedroomsTotal 8
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1993
CoolingType None
ExteriorFinish Brick, Vinyl Siding
FoundationType Block
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
SizeInterior 2135 Sqft
Type Fourplex
UtilityWater Municipal Water

Land

AccessType Road Access, Highway Access
Acreage No
LandAmenities Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeFrontage 50 Ft
SizeIrregular 0.138
SizeTotal 0.138 Ac|under 1/2 Acre
SizeTotalText 0.138 Ac|under 1/2 Acre
ZoningDescription Rm2

https://www.realtor.ca/real-estate/27247761/315-elizabeth-street-midland

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Lorraine Jordan
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Adam Simpson
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