Front of 351 Borden Street
351 Borden StreetMidland
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Ontario Real Estate › Midland
Front of 351 Borden Street
351 Borden StreetMidland
Sold
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MultiplexMLS S9509191
Sold for:Sold Nov 29, 2024
9 Bedrooms
6 Bathrooms
5 Parking
70 x 125.07 ft Lot
$5,002 Tax/yr

Property history

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This home has sold. It is no longer available.

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About this home

351 Borden Street, Midland

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!

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Facts & features

TypeMultiplex
Style2-storey
Lot70 x 125.07 ft
Tax$5,002 (2024)
HeatingWater, gas
BasementFull
Parking4 drive
WaterMunicipal

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Rooms

0 rooms · 6 bathrooms
Bathrooms6
4-pc4-pc4-pc4-pc4-pc2-pc
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Around this home

Yonge St and Borden St

Listing details

MLS® numberS9509191
Listed onOct 24, 2024
Days on market36
UpdatedNov 29, 2024
Listing brokerageRoyal LePage In Touch Realty
PossessionFlexible

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