351 Borden Street , Midland, ON L4R 4N7
Midland, ON L4R 4N7
Description
Looking for a centrally located, purpose-built 5-plex in the heart of Midland? Look no further than this exceptional investment opportunity! This well-maintained building includes three 2-bed/1-bath units, one 1-bed/1-bath unit, and a spacious two-story 2-bed/2-bath landlord's unit, complete with its own driveway, garage, and large backyard. The three 2-bedroom units are vacant and primed for current market rentstwo have been recently renovated, while the third is awaiting final touches. The property also boasts a new roof (2024), several updated windows (2023), and convenient on-site coin laundry. Whether you're looking to rent out all five units for maximum income or prefer to live in the spacious landlord unit while renting out the remaining four for steady cash flow, this property offers incredible flexibility. Located just moments from downtown Midland, tenants will enjoy easy access to shops, restaurants, parks, schools, and public transportation. With Midland's vibrant community and prime location, this building is an attractive rental option, ensuring steady income and long-term appreciation. Whether you're a seasoned investor or entering the real estate market, this low-maintenance, high-return property is a fantastic opportunity!
Details
| Mls | 40666532 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active Under Contract |
| Year | 1973 |
| Days On Site | 42 |
| Listing Provided By | Royal LePage In Touch Realty, Brokerage (Hwy 93 - Unit 200) | Aaron Pauze |
Features
| Beds | 9 |
|---|---|
| Baths | 6 |
| Sq Feet | 4,494 |
| Garage | 1 |
| Storys | 2 |
| Units | 5 |
| Zoning | R4 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Simcoe County |
| City | Midland |
| Zip Code | L4R 4N7 |
| Area | MD Midland |
| Subarea | MD01 East of King Street |
| Community Name | MD01 East of King Street |
| Listing VS Median (in MD01 East of King Street) | |
Price: $849,900 low | high Med: $529,900 SqFt: 4,494 low | high Med: 1,041 $ / SqFt: $189 low | high Med: $509 On Site: 42 low | high Med: 28.000000 | |