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520 Elizabeth Street Midland, Ontario L4R 2A1

$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 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 all new in 2023, 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. VTB available on approved credit. (id:40589)

Property Details

MLS® Number 40501626
Property Type Office
Amenities Near By Public Transit
Community Features High Traffic Area
Parking Space Total 2

Building

Basement Type Full
Exterior Finish Brick, Vinyl Siding
Foundation Type Stone
Stories Total 2
Size Exterior 2163.0000
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Public Transit
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/26185997/520-elizabeth-street-midland

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Contact us for more information


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Vanya Gluhic
Broker

(705) 427-3456
(905) 357-1705
www.georgianbaydreamteam.com/
www.facebook.com/georgianbaydreamteam
https://www.instagram.com/georgianbaydreamteam/

Revel Realty Inc., Brokerage (Unit A)
520a Cedar Point Road
Tiny, Ontario L9M 0H1

(705) 533-0303
(905) 357-1705
www.revelrealty.ca

Danielle Dorion
Broker

(705) 528-3133
(905) 357-1705
www.georgianbaydreamteam.com/
www.facebook.com/pages/GeorgianBayDreamTeam/164358503581691
twitter.com/GBDreamTeam

Revel Realty Inc., Brokerage (Tiny)
520 Cedar Point Rd
Tiny, Ontario L9M 0H1

(705) 533-0303
(905) 357-1705
www.revelrealty.ca/

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