315 ELIZABETH Street, Midland | Image 1

315 ELIZABETH Street

Midland, Midland

  • Commercial

$899,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: RM2

  • Age: 31-50 years

  • Taxes: 3730

  • MLS®#: S11888133

  • Days on Site: 1 Days

  • Added: Dec 10, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: Keller Williams Co-Elevation Realty, Brokerage

Welcome to this exceptional investment opportunity in the heart of Midland. This newly renovated, vacant 4-unit building is ideally situated just minutes away from downtown Midland. Each unit has been updated with modern finishes, including new flooring, fresh paint, updated kitchens and appliances.(New roof 2023) The building features four separate 2-bed/1-bath units, each with its own entrance, providing privacy and comfort for tenants and sufficient parking space for all units. With all units vacant and ready for occupancy, you have the flexibility to set your own rent. Located close to downtown Midland, tenants will enjoy easy access to shops, restaurants, parks, schools and public transportation. Midlands thriving community and strategic location make this property a desirable rental option, ensuring steady income and long-term appreciation. Whether you are a seasoned investor or looking to enter the real estate market, property offers great returns and minimal maintenance.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 31-50

  • Area: Midland

  • Community: Midland

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 2 S/S ELIZABETH ST E PL 640; MIDLAND

  • Taxes: $3,730

  • Taxes Type: Annual

Land

  • Cross Street: HWY 12 to William St

  • Municipality District: Midland

  • Parcel Number: 584690320

  • Lot Frontage: 50 Feet

  • Zoning: RM2

Additional Media

  • Virtual Tour: https://youtu.be/RaeGr8AIZpg

Commercial Specific

  • Total Area: 2135

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Lot

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