317 Hugel Avenue
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; vacant from July 1st.. 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.
Features of 317 Hugel Avenue
| MLS® # | S12890206 |
|---|---|
| Price | $450,000 |
| Bedrooms | 3 |
| Bedrooms Plus | 2 |
| Bathrooms | 2.00 |
| Square Footage | 700-1100 |
| Type | Residential Freehold |
| Sub-Type | Duplex |
| Style | Bungalow-Raised |
| Status | Active |
Community Information
| Address | 317 Hugel Avenue |
|---|---|
| Area | Simcoe |
| Neighborhood | Midland |
| City | Midland |
| Province | ON |
| Postal Code | L4R 1T5 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Garage Type | None |
| Pool | None |
Interior
| Heating | Radiant |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Basement | Apartment |
Exterior
| Exterior | Aluminum Siding |
|---|
Listing Details
| Office | RE/MAX By The Bay Brokerage |
|---|