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$ 724,900
Est. payment /mo
Price Dropped by $25K
230 Queen ST Midland, ON L4R 3H1
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Midland
MLS Listing ID S11933689
Style 2-Storey
Bedrooms 5
Building Age 100+
Annual Tax Amount $4,440
Tax Year 2024
Property Sub-Type Triplex
Property Description
Add this legal triplex to your real estate portfolio! New to the market - this is a great income property to start with. Opportunity to combine this purchase with 226 Queen St and acquire a commercial mortgage. Fully detached, legal triplex in Midland with two units - 2 bed, kitchen, bath and one unit - 1 bed, kitchen, bath. Appliances included as shown. Convenience of laundry in each unit, and parking onsite. This one is the ideal starting place for new investors or for the seasoned investor looking for an easy triplex to add to their portfolio. Rent earns approximately $47,000 gross per year. Don't miss out on this opportunity! Midland offers outstanding all season recreation, key amenities (shopping, services, dining, recreation and entertainment) and easy access to commuter routes. Financial information available upon request. Rents as stated are inclusive. **EXTRAS** Each unit is supplied with appliances, laundry, onsite parking. Central location with easy access to key amenities, transportation routes.
Location
Province ON
County Simcoe
Community Midland
Area Simcoe
Zoning R2
Rooms
Basement Apartment, Separate Entrance
Kitchen 3
Interior
Interior Features Other
Cooling None
Inclusions Appliances, included - as shown. 3 x Fridge, 3 x Stove, 3 x Washer, 3 x Dryer. On demand hot water heater. Water softener.
Exterior
Exterior Feature Year Round Living
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 3
Building
Foundation Concrete
Others
ParcelsYN No
Lited by RE/MAX HALLMARK CHAY REALTY