262 KING ST Midland, ON$949,900

Investment Opportunity. Downtown Commercial/Residential Building In Prime Downtown Midland Location. Searching For A Turnkey Fully Tenanted Building With Good Income? Here It Is! This Building Has 2- One Bedroom Apartments Situated Above A 1,300 Sq Ft Commercial Unit, All With Separate Meters And Parking At The Back Of The Building. Located Just A Couple Of Blocks From Midland's Waterfront, Marina, Park, Dining On Beautiful Georgian Bay. Upgrades In The Past 5 Years Include Store Renovations, Electrical, Foam Insulation, Back Of Roof, Plus Minor Improvements Such As New Faucets Etc., For The Apartments.**** EXTRAS **** Taxes: About $5,100/Year. Water: About $900/Year. Net Operating Income $40,500. (id:32937)