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The Valencia Team Real Estate
337 Norene Street, Midland, ON L4R 4C3
- $649,900
- 3
- BD
- 2
- BA
- 1,500
- SqFt
- List Price
- $649,900
- MLS#
- S13873480
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Semi-Detached
- Style
- Bungalow
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1500-2000
- Province
- ON
- Municipality
- Midland
- Area
- Simcoe
- Neighborhood
- Midland
- Subdivision
- Norene St./Yonge St.
Property Description
Turnkey duplex with excellent upside potential in Midland's quiet west end. This fully self-contained, front & back duplex boasts an ideal set up, ample parking, entirely metered utilities, and individual laundry areas. Unit 1: 1 bedroom, 1 bathroom, and a full, private, partially finished basement. Easily converted back to a 2-bedroom unit, creating an opportunity to increase rental income. Features gas heat and a gas fireplace. Vacant January 1st, allowing the new owner to set market rent, renovate to add a bedroom, or occupy the unit themselves. Unit 2: 2 bedrooms, 1 bathroom, a full partially finished basement, and a reliable long term tenant already in place. Tenant pays their own water and hydro. With one unit offering immediate value add and income growth potential and the other providing stable rental income, this is an excellent opportunity to add a flexible income-producing property to your portfolio.
Additional Information
- Taxes
- $3,805
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- Central Air
- Family Room
- Yes
- Kitchens
- 2
- Exterior
- Aluminum Siding
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 6
- Parking Type
- Private
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Listing courtesy of Team Hawke Realty.