337 Norene Street, Midland
$649,900
337 Norene Street, Midland
Total Monthly Obligation $3,314
No agent assigned
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.
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 337 Norene Street
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