Midland, ON L4R 4N7,351 Borden ST
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Midland, ON L4R 4N7,351 Borden ST
Midland, ON L4R 4N7,351 Borden ST
Midland, ON L4R 4N7,351 Borden ST
Midland, ON L4R 4N7,351 Borden ST
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$ 849,900
Est. payment /mo
Pending

351 Borden ST Midland, ON L4R 4N7

9 Beds

6 Baths


UPDATED:

11/22/2024 02:49 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID S9509191

Style 2-Storey

Bedrooms 9

Annual Tax Amount $5,001

Tax Year 2024

Property 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!

Location

Province ON

County Simcoe

Area Midland

Rooms

Family Room No

Basement Full

Kitchen 5

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Private

Garage Spaces 4.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Foundation Concrete Block


Listed by ROYAL LEPAGE IN TOUCH REALTY

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351 Borden ST