Realestate

Property Details

1 of 10
$460,000
317 Hugel Avenue, Midland, ON L4R 1T5
3 + 2
2
MLS® S12890206
Property Type
Residential Freehold
Sub Type
Duplex
Heating
Radiant
Cooling
Central Air
Lot Size
150 x 50 Feet
Approx Age
N/A
Legal duplex located within walking distance to downtown Midland. Excellent investment opportunity with positive cash flow and reliable tenants in place. The upper unit features 3 bedrooms, a full kitchen, living area, and in-suite laundry, currently leased until June 2026 at $1,950/month. The lower unit offers 2 bedrooms, a full kitchen, and living area with a long-term tenant on a month-to-month lease paying $1,488.76/month (tenant since October 2021). Separate hydro meters for each unit. 2024 utility costs: gas $1,171.80 and water $2,403.
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