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258 ELIZABETH Street
Midland Ontario , L4R1Y6 , Canada
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$569,000.00
MLS® 40581697
Investment
Lot Frontage: 43.0 Feet
Lot Depth: 100.0 Feet
No. of Parking Spaces: 2
Floor Space (approx): 1257.00
Built in: 1942
Total Bedrooms: 4
Total Bathrooms: 3
Zoning: RM1
Remarks:
This could be your opportunity to enter the real estate investment world with this legal two unit home. This property is unique in that the second suite is actually a detached garden suite with the utilities for both units been separate. The only utility the Landlord pays is the water. Also, with two completely separate dwellings on one lot, there is no noise transferred between units, helping to keep the Tenants happy. The property is presently fully occupied by two respectable Tenants who are paying on time and would like to stay, truly a 'turn-key' investment property. The detached garage was converted into a garden suite in 2019, and it has up-to-date colours and finishings with an electric heat pump for heating and cooling and additional electric baseboards for heating. The original house contains a main floor living room, kitchen, 2 generous bedrooms and a bathroom with an additional shower and rec room in the basement. This property would also make a perfect starter home, live in one unit and rent the other. Located in a quiet Midland neighbourhood close to the lake and downtown amenities. (id:7526)

Property Features:
  • Access Type: Road access
  • Amenities Nearby: Hospital , Marina , Park , Playground , Public Transit , Schools , Shopping
  • Community Features: Community Centre
  • Equipment Type: Water Heater
  • Features: Southern exposure , Paved driveway
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Rental Equipment Type: Water Heater
  • Sewer: Municipal sewage system
Building Features:
  • Basement Development: Partially finished
  • Basement Type: Full
  • Building Type: Duplex
  • Cooling Type: Central air conditioning
  • Exterior Finish: Aluminum siding , Brick
  • Heating Fuel: Electric , Natural gas
  • Heating Type: Baseboard heaters , Forced air , Heat Pump

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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