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315 Elizabeth Street Midland, Ontario L4R 1Y7

8 Bedroom 4 Bathroom 2135 sqft
None Baseboard Heaters

$899,000

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. 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. (id:57975)

Property Details

MLS® Number 40638765
Property Type Multi-family
Amenities Near By Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features School Bus
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Total 8
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1993
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2135 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 50 Ft
Size Irregular 0.138
Size Total 0.138 Ac|under 1/2 Acre
Size Total Text 0.138 Ac|under 1/2 Acre
Zoning Description Rm2

https://www.realtor.ca/real-estate/27340658/315-elizabeth-street-midland

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