315 Elizabeth Street, Midland, ON, L4R 1Y7

$899,000

MLS® # 40638765

Investment For Sale In Midland, Ontario

$899,000

Property Information:

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. Midland’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.

Inclusions: Other

Building Features:

  • Floor Space: 2135 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1993
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 2135 Square Feet
  • Heating: Baseboard, Electric
  • Laundry Features: None
  • Lot Features: Irregular Lot, City Lot, Near Golf Course, Highway Access, Hospital, Library, Marina, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 50.00 Feet
  • Other Structures: None
  • Parking Features: Exclusive
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Waterfront Features: Lake/Pond
  • Zoning: RM2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: Keller Williams Co-Elevation Realty, Brokerage (Midland)

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Additional Photos