224 4th Street, Midland, Ontario

$550,000

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6

Beds

3

Baths

About 224 4th Street

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. (id:6289)

Features of 224 4th Street

Listing # S12508488
Price $550,000
Bedrooms 6
Bathrooms 3.00
Acres 0.00
Type Multi-family

Community Information

Address 224 4th Street
Subdivision Midland
City Midland
Province Ontario
Postal Code L4R3T5

Amenities

Amenities Hospital, Park, Schools, Beach
Utilities Cable, Electricity, Sewer
Features Flat site
Parking Spaces 6
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Stove, Washer, Refrigerator
Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick
Lot Description 68 x 100 FT ; 100.33ft x 69.15ft x 100.41ft x 69.59ft|under 1/2 acre
Foundation Concrete, Stone

Listing Details

OfficeKeller Williams Co-Elevation Realty, Brokerage

Listing Map

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