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520 Elizabeth Street Midland, Ontario L4R 2A1

4 Bedroom 2 Bathroom 2163
None Heat Pump

$1,249,500

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:44523)

Property Details

MLS® Number 40498218
Property Type Multi-family
Amenities Near By Public Transit, Shopping
Community Features High Traffic Area, Community Centre
Features Laundry- Coin Operated
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Total 4
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Heat Pump
Stories Total 2
Size Interior 2163
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 97 Ft
Size Frontage 53 Ft
Size Total Text Under 1/2 Acre
Zoning Description Dc-f2

https://www.realtor.ca/real-estate/26163786/520-elizabeth-street-midland

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