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337 Norene Street, Midland, ON L4R 4C3

$649,900

337 Norene Street, Midland — MLS S13873480
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Beds
3
Baths
2
Sqft
1500-2000
Type
Duplex
Style
Bungalow
Parking
6
Heating
Baseboard
A/C
Central Air
Basement
Full, Unfinished
MLS®
S13873480

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.

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.

Browse more on our Midland community page, or see every local listing at our listings search. Working with a Midland real estate agent is where most moves start.

Thinking of a move of your own? We list homes across Simcoe County and beyond for a 1% listing commission with full service included. Questions about this property or the market? Contact us or call 705-722-9111.

Listing courtesy of Team Hawke Realty.

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