520 elizabeth street
midland
$1,249,500
Just imagine having a home with 3 streams of income !!! This property offers two residential units, both vacant and available to rent, providing the perfect scenario for an owner-occupant who wants to live in one unit and generate income by renting out the other. Situated in a shifting market with increasing interest rates, this property offers the chance to affordably invest in real estate. The two residential units have been renovated and are ready for occupancy. With no current tenants to assume, the new owner has the freedom to set their own rental rates and carefully select their own tenants. But that's not all! This property also includes an additional business opportunity – a fully operational and approved laundry boutique. Coming with top-of-the-line machines all new in 2023, this turnkey business is seamlessly integrated into the property and serves as an additional source of income for the owner. Don't miss out on this rare real estate opportunity!! Take advantage of the high demand for rental units in this sought-after area and make a smart investment in an ever-evolving market. VTB available on approved credit. (id:38782)
Listing ID: 40501626
Details
- Amenities NearbyPublic Transit
- Community FeaturesHigh Traffic Area
- OwnershipFreehold
- Parking Spaces2
- TransactionFor sale
- Zoning DescriptionDC-F2
Building
- CoolingNo
- Levels2
- PoolNo
- SewerMunicipal sewage system
- Stories2
Land
- Size Frontage53 ft
- AmenitiesPublic Transit
- SewerMunicipal sewage system
- Size Depth97 ft