Home › Midland › 317 Hugel Avenue
For Sale317 Hugel Avenue, Midland, ON L4R 1T5
$460,000
3+2
2
700-1100
Duplex
Bungalow-Raised
3
Radiant
Central Air
Apartment
S12890206
Legal duplex located within walking distance to downtown Midland. Excellent investment opportunity with positive cash flow and reliable tenants in place. The upper unit features 3 bedrooms, a full kitchen, living area, and in-suite laundry, currently leased until June 2026 at $1,950/month; vacant from July 1st.. The lower unit offers 2 bedrooms, a full kitchen, and living area with a long-term tenant on a month-to-month lease paying $1,488.76/month (tenant since October 2021). Separate hydro meters for each unit. 2024 utility costs: gas $1,171.80 and water $2,403.
This duplex sits in Midland, in Midland. Midland overlooks Georgian Bay’s 30,000 Islands with a working harbour, historic downtown murals, and affordable family neighbourhoods.
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Listing courtesy of RE/MAX By The Bay Brokerage.
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