351 Borden St
$849,900
$849,900

351 Borden St

Midland, Midland, Simcoe $849,900

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9 Beds
6 Baths
Built-In Garage
with 1 Spaces
Parking for 4
E Facing
Zoning: R4
MLS®#:
S9509191
Property Type:
Multiplex
Property Style:
2-Storey
Area:
Simcoe
Community:
Midland
Taxes:
$5,001.64 / 2024
Added:
October 24 2024
Lot Frontage:
70.00
Lot Depth:
125.07
Status:
Active
Outside:
Brick
Year Built:
Basement:
Full
Brokerage:
ROYAL LEPAGE IN TOUCH REALTY
Lot (Feet):

125

70

Intersection:
Yonge St and Borden St
Rooms:
25
Bedrooms:
9
Bathrooms:
6
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Water
Heating Fuel:
Gas

Listing 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!

Sale/Lease History of 351 Borden St

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Midland home prices

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