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520 ELIZABETH Street Midland

520 ELIZABETH Street, Midland

$1,249,500

  • 4
  • 2
2,163 Square Feet
Just imagine having a home with 3 streams of income !!! This property offers two residential units, both vacant and available to rent, providing the perfect scenario for an owner-occupant who wants to live in one unit and generate income by renting out the other. Situated in a shifting market with increasing interest rates, this property offers the chance to affordably invest in real estate. The two residential units have been fully renovated and are ready for occupancy. With no current tenants to assume, the new owner has the freedom to set their own rental rates and carefully select their own tenants. But that's not all! This property also includes an additional business opportunity – a fully operational and approved laundry boutique. Coming with top-of-the-line machines, this turnkey business is seamlessly integrated into the property and serves as an additional source of income for the owner. Don't miss out on this rare real estate opportunity!! Take advantage of the high demand for rental units in this sought-after area and make a smart investment in an ever-evolving market. (id:45568)
  • Listing ID: 40498218
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Public Transit, Shopping
  • Community Features: High Traffic Area, Community Centre
  • Features: Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 2
  • Transaction: For sale
  • Zoning Description: DC-F2

Building

  • BasementType: Full (Unfinished)
  • Basement Development: Unfinished
  • Cooling: None
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 2
  • Heating: Heat Pump
  • Heating Fuel: Natural gas
  • Size Interior: 2163.0000
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Shopping
  • Sewer: Municipal sewage system
  • Size Depth: 97 ft
  • Size Frontage: 53 ft

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    This property for sale located at 520 ELIZABETH Street in Midland was last modified on October 28th 2023. Contact Paul Casey today and schedule a viewing or subscribe to other properties for sale in Midland.

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